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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Goodman Group | ASX:GMG | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.075 | -0.24% | 31.475 | 31.47 | 31.48 | 31.91 | 31.27 | 31.63 | 2,217,135 | 04:48:34 |
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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