Goodman Group To Form US$1.5 Billion Partnership In US With Birtcher
20 6월 2012 - 4:27PM
Dow Jones News
By Ray Brindal
CANBERRA--Goodman Group (GMG.AU) said Wednesday it plans to
enter the North American real estate market via a $1.5 billion
partnership with California-based Birtcher Development &
Investments, focussing on the development of logistics and
industrial facilities.
Initial equity commitments will be about $800 million, Goodman
said in a statement.
Goodman is in the final stages of due diligence with a "major"
capital partner, it said.
Write to Ray Brindal at ray.brindal@wsj.com
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