Director - Investment Management
Goodman Australia Development Partnership (GADP) was launched in May 2010 with the primary objective to invest in high quality, newly developed logistics assets alongside Goodman Group in prime Australian markets on the Eastern seaboard.
Through its investment in Bungarribee Industrial Estate, the Partnership services a diverse portfolio of customers across a range of industries including logistics, pharmaceuticals, information technology and consumer goods. Major customers include Metcash, Toll, Linfox and Blackmores.
Goodman retains an interest in the portfolio via a 20% equity commitment, with CPPIB holding the 80% majority share. Goodman provides management services to GADP on terms generally consistent with arrangements across its existing investment management platform.
total property portfolio
GADP’s portfolio comprises of six assets at Bungarribee Industrial Estate in Western Sydney with a combined value of $441.3 million. Since inception, the Partnership has delivered over 420,000 sqm across 11 developments.