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Goodman Group

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Goodman Group

Goodman Limited
Type Public
Traded as ASX: GMG
Industry Property development
Founded Australia (1989)[1][2]
Founders Gregory Goodman
Headquarters 60 Castlereagh Street
Sydney
, Australia
Area served Australia, New Zealand, Asia and Europe
Key people

Gregory Goodman (Group CEO)

Anthony Rozic (CFO)
Revenue Decrease A$1,082,800,000 (2007/8)[3]
Profit Decrease A$250,700,000 (2007/8)[3]
Total assets Increase A$9,633,600,000 at 2008-06-30[3]
Total equity Increase A$4,669,100,000 at 2008-06-30 [3]
Employees 1,046 (December 2008)[4]
Website www.goodman.com

Goodman Group is an Australian integrated industrial property development and management company.

The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the Australian Stock Exchange (ASX) in 1995 as Goodman Hardie Industrial Property Trust. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.[1][2]

After a series of mergers, the organisation became known as the Macquarie Goodman Group in 2005, at the time the largest industrial property trust on the ASX and fourth largest in the ASX 200 property index.[5]

In July 2007 the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier.[6] Goodman is now the second largest industrial and business park property group in the world after it expanded its operations into Europe and Asia through a series of acquisitions.[7]

As of June 2008, the group had 371 properties under management and 97 developments.[3]

See also

References

  1. ^ a b "Greg Goodman - Property Person of the Year Award" (Press release). NSW Urban Taskforce. 2007-04-11. Retrieved 2008-07-31. 
  2. ^ a b "Corporate timeline". Goodman Group. Retrieved 2008-07-31. 
  3. ^ a b c d e "Annual Financial Report and Appendix 4E" (PDF). Goodman Group. 2008-08-21. Retrieved 2008-08-22. 
  4. ^ "Facts at a glance". Goodman Limited. Retrieved 2008-07-31. 
  5. ^ "Macquarie Goodman Group No.1 in industrial". The Sydney Morning Herald. 2005-02-02. Retrieved 2008-07-31. 
  6. ^ Chong, Florence (2007-07-02). "Goodman dumps Mac from its name". The Australian. Retrieved 2008-08-01. 
  7. ^ Wong, Curtis M. (2008-07-16). "Thinking big - really, really big". The Prague Post. Retrieved 2008-08-01. 


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