GMG 1.36% $37.17 goodman group

goodman sells hong kong prime site

  1. 261 Posts.
    Sep 28, 2010 (The Australian Financial Review) --
    Billion Development & Project Management has paid $A118m for the Seaview industrial property
    in Hong Kong. Seaview's previous owners, Goodman Group and Goodman Hong Kong Logistics Fund, said they decided to sell the site to focus on the larger Interlink development. Goodman MD for Greater China Phil Pearce said the group would use proceeds from the sale to fund developments
    with a shorter turnaround time.
 
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