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Goodman opens Chongqing Airport Logistics Park 30 March 2015

Customers include Nikkon Logistics, Best Logistics and Yunda Express

Goodman has formally opened its Goodman Chongqing Airport Logistics Park in Western China. The park, which provides a total area of 190,000 m2 of prime logistics space, is Goodman's first development in Chongqing.

Its customers include Grundfos, a Danish pump manufacturer and three integrated logistics companies; Nikkon Logistics, an international Japanese logistics company, Best Logistics, one of China's largest operators and Yunda Express, one of the largest privately-owned express delivery companies in China.

Strategically located adjacent to the Chongqing Jiangbei International Airport, Goodman Chongqing Airport Logistics Park has excellent connectivity to the Chongqing-Chengdu economic corridor and is in close proximity to Chongqing downtown. It comprises a total of eight warehouses with an estimated end value of US$130.0 million.

To date Goodman has developed 110,000 m2 of Chongqing Airport Logistics Park, with a further 80,000 m2 to be completed. Goodman plans to invest US$400.0 million in Western China in the coming two to three years.