THE ADDED VALUE REPORT

Goodman Ichikawa, Tokyo, Japan.

JAPAN

Goodman really listens to its customers and works tirelessly to innovate at every opportunity to exceed their customers’ needs.

YASUAKI NII

DIRECTOR, OFFICER,
NIPPON EXPRESS CO. LIMITED

High quality logistics facilities are being built in prime locations with huge success in Japan.

Four Goodman developments are either underway or recently completed across Japan in Greater Tokyo, Osaka Bay and Nagoya.

The quality of facilities, combined with their location, are seen as key factors in their success, due to the employee retention issues faced by Japanese businesses.

Paul McGarry, CEO, Goodman Japan, says, “We have created a unique proposition in Japan with an exceptionally high level of finish and employee amenity, at an attractive price point, which our competitors are yet to replicate.”

Just one example of this is the modern sustainable warehouse development at Ichikawa in Tokyo Bay which was 100% pre-leased by three customers one month ahead of completion.

The development is within walking distance to Futamata Station and multiple bus lines and has an exceptional level of finish and employee amenities, making it easy for customers to attract labour in an increasingly tight employment market.

The developer, Goodman Japan Development Partnership (GJDP), is a 50/50 joint venture between Goodman and the Abu Dhabi Investment Council, which then sells the properties to the Goodman Japan Core Fund (GJCF) for long-term ownership.

Goodman

Goodman Ichikawa, Tokyo, Japan.

NEXT GENERATION
WAREHOUSES

GJCF is valued at A$1.4 billion and is securely positioned with a high quality, modern portfolio and 100% occupancy.

Institutional investor support is strong, as proven by recent capital raising success. Investors are attracted to the Fund’s history of stable returns and the benefits provided by Goodman’s own, develop and manage business model.

Focused on providing affordable rents and a high level of employee amenity for a range of complimentary occupiers such as cafés, retail, bus and childcare services, coupled with major transport infrastructure, GJDP is set for ongoing success in Japan.

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