Goodman to Develop a 24,000 sqm Export Hub for VW in Duisport, Germany

    Goodman to Develop a 24,000 sqm Export Hub for VW in Duisport, Germany

  PR Newswire

  BRUSSELS, July 24, 2013

BRUSSELS, July 24, 2013 /PRNewswire/ -- Goodman , the global integrated
property group that owns, develops and manages logistics space, is
constructing a 24,000 sqm export hub for Volkswagen in the
Duisburg-Kasslerfeld port and logistics area of Duisport. From the trimodal
location, the automotive manufacturer will operate its Completely Knocked Down
(CKD) business for non-European countries.

(Photo: )

The new development in Duisport is being undertaken through the conversion of
a 50,000 sqm brownfield site. Goodman will regenerate the site and develop it
into a new export hub for Volkswagen. The CKD business will occupy and supply
automotive components to all of its non-European plants. The handover of the
completed facility is planned forthe first quarter of 2014.

"Following the successful development of a 45,000 sqm facility inHanover,
Goodman's German team will now undertake another significant project for
Volkswagen," said Philippe Van der Beken, Managing Director, Goodman
Continental Europe.

"Duisport is a further example of how Goodman is generating opportunities by
actively identifying and converting a former industrial site to deliver new
logistics space at an internationally significant logistics site. It follows
our recent announcement of a 33,000 sqm logistics centre being developed for
Daimler on a disused industrial site in Bremen," he added.

Construction of the new export hub commenced in July and has been designed to
meet the specific requirements of the automotive industry. The facility will
consist of a 20,000 sqm storage area, with over 3,000 sqm for loading and
unloading trucks and a 1,000 sqm loading bay.

Duisport is a multimodal logistics hub, situated on the river Rhine and is
Europe's largest inland port. Volkswagen benefits from Duisport's connection
to the ports of Antwerp and Rotterdam, in addition to its convenient rail and
motorway access.

Goodman is developing the property in accordance with the latest environmental
and sustainability standards. These include light bands in the facade and
light domes in the roof, which guarantee a high level of daylight and good
working conditions. Furthermore, an automatic light control system reduces the
energy costs for lighting. Goodman will seek silver certification of the
property from the German Sustainable Building Council (DGNB).

The new development at the Duisportsite is one of a number of automotive
projects that Goodman currently has under construction, in Germany. The Group
is developing 14,300 sqm for the automotive logistician Schnellecke in Leipzig
as well as the aforementioned 33,000 sqm distribution centre for Daimler in
Bremen. Both properties will be delivered in the autumn of 2013.

Goodman currently has 12 projects under construction across continental Europe
and manages a portfolio of 117 properties equating to 4.5 million sqm in
assets under management as at 31 March 2013.

To watch some recent films about Goodman's activity, including the press
conference in Duisport to announce this deal, please click here: 

About Goodman

Goodman is an integrated property group that owns, develops and manages
logistics and business space across Continental Europe, the United Kingdom,
the Asia-Pacific region, North America and Brazil. The Group invests in
industrial estates and warehouse and distribution centes.

Goodman also offers a range of listed and unlisted property funds, giving
investors access to a range of specialist services and property assets, and is
working continually to build value in industrial property and fund management,
with innovative new developments, and business and investment offerings.

With total assets under management of €17.2 billion and over 400 properties
under management, Goodman is the largest industrial listed property group on
the Australian Stock Exchange, and one of the largest listed specialist fund
managers globally. Its market insight and dedicated local teams create sound
investment opportunities and develop properties and environments that meet
each client's individual requirements.

With more than 1,000 staff and 36 offices in 18 countries, Goodman has the
global reach to meet customers' needs as their businesses expand or evolve. In
Europe, Goodman has offices in Germany, the Netherlands, Belgium, Luxembourg,
France, Spain, Italy, Poland, the Czech Republic, Hungary, Slovakia, Sweden
and the UK.

For more information please visit:

For further information, please contact:GoodmanMajella O Doherty+32-2-263-4068

Press spacebar to pause and continue. Press esc to stop.