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Goodman to expand BMW Brilliance Automotive's logistics facility
Expanding regional auto parts distribution centre in Northern China
Goodman has signed a second agreement with BMW Brilliance Automotive to add 12,270 m2 to the built-to-suit facility in the Goodman Citylink development in Hebei Province, China. BMW Brilliance Automotive Limited is a joint venture between BMW and Brilliance Auto. Its principal activities are the production, distribution and sale of BMW passenger cars in mainland China.
BMW Brilliance Automotive has experienced strong growth over the last 12 months, requiring a further 12,270 m2 of new space to be added to the initial 33,000 m2 pre-commitment it signed in October 2013. On completion, the new built-to-suit facility will have a total gross floor area of 45,500 m2.
It will replace BMW Brilliance Automotive’s three existing distribution centres which are separately located across Beijing, to become BMW Brilliance Automative’s regional auto parts distribution centre in Northern China.
Located in Yanjiao Economic and Technological Development Zone, Langfang in Hebei Province, Goodman Citylink is in close proximity to the 6th Ring Road, which links to downtown Beijing. Goodman Citylink comprises an existing 26,500 m2 warehouse, with a long-term lease to a multinational retailer and a further five high quality, single-storey prime warehouses. It will provide a total of 130,000 m2 of prime logistics space and have a market value of US$90.0 million on completion.