Goodman, a global leader in the ownership, development and management of industrial real estate, has been named the 2014 top real estate developer in Europe for the fourth consecutive year by PropertyEU. Over the last three years, Goodman has developed nearly two million sqm of new space and is currently constructing more than 800,000 sqm across Europe.
PropertyEU ranks developers according to completed projects covering 2012 through 2014 and current construction projects as well as a company’s development pipeline. Goodman’s robust development activity was mainly driven by its leading position as the top developer for e-commerce logistics, as well as by the growth in the automotive, retail and third party logistics sectors. The large majority of development projects were pre-leased before the start of construction.
“Our leading position in the industrial real estate market is driven by the trust our customers have placed in us to deliver the best quality and value,” explained Philippe van der Beken, Goodman Managing Director for Continental Europe. “The strong growth of our portfolio is an endorsement by our customers of our ability to deliver on that promise.”
Strong momentum across Europe
In 2014, Goodman delivered some of the biggest projects in Europe, such as the 123,000 sqm fulfilment centre for Amazon in Poland, which was the Group’s 13th project for Amazon in Europe since 2006. Additionally, Goodman nearly doubled the size of its development for Zalando in Mönchengladbach, Germany, from 78,000 sqm to 134,000 sqm, making it the largest e-commerce facility in Europe. In Poland, Goodman delivered 122,000 sqm of space for the international retailer the Mousquetaires Group in Poznan and local retailer market-Detal near Konin.
Germany continues to be the Group’s most active market in Continental Europe, with 16 new development projects signed in past nine months. Among the highlights, Goodman kicked off its Interlink Hamburg project with two aerospace customers: Airbus and Diehl Comfort Modules. When current construction projects are complete, Goodman’s portfolio in Germany will be more than three million sqm of assets under management.
With the signing of two pre-lease agreements in 2014, Goodman also strengthened its growing market position in Poland with the construction of two new logistics centres in Wroclaw and Poznan. Moreover, the Group continued to grow its Krakow Airport Logistics Centre and the Pomeranian Logistics Centre in Gdansk, adjacent to the Gdansk Deepwater Container Terminal, with a mix of new pre-lease agreements and some uncommitted development.
Southern Europe has been gaining pace with the signing of a new development near Paris for French e-commerce giant, Cdiscount, and a new development for DB Schenker at the Port of Strasbourg. Goodman also signed the largest development in years in the Barcelona region, with a 40,000 sqm distribution centre for Decathlon.
Across its portfolio and current construction projects, Goodman has implemented a number of cost-saving sustainability solutions designed to lower customer operating costs. Goodman is currently running a large scale LED assessment and implementation project and, when completed, the portfolio will comprise over 700,000 sqm of logistics space fitted with LED lighting. Additionally, more than one million sqm of space has been certified by various environmental agencies.
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