Goodman Group engages in the development, owning, and management of industrial property and business space. The company is involved in investment in directly.
A recent survey by UBS of the Global Warehouse sector, covering users of >20m sqm of warehouse space, indicated that the future requirements of major users are outstripping the supply offered by the large listed developers. Automation within warehouses is also accelerating, which is driving tenant demand for longer leases and better locations. We think that GMG is best positioned to reap the benefits after repositioning its portfolio around key locations globally.