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NewsGoodman aims to grow China portfolio
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Goodman aims to grow China portfolio
by hlk Sun 04 Sep 2011, 15:47
HONG KONG: Australia’s Goodman Group , an industrial property firm backed by the Chinese government, said it aims to grow its China portfolio 10-fold to US$3 billion-US$4 billion (RM8.91 billion- RM11.88 billion) in five years as it seeks wider exposure to the world’s second-largest economy.
“China is very important for us in the next 5-10 years.
We will build US$3 billion-US$4 billion of assets in the next five years,” chief executive Greg Goodman said yesterday.
The warehouse and logistics centre owner has an investment of about US$350 million (RM1.04 billio0n) in China now. — Reuters
“China is very important for us in the next 5-10 years.
We will build US$3 billion-US$4 billion of assets in the next five years,” chief executive Greg Goodman said yesterday.
The warehouse and logistics centre owner has an investment of about US$350 million (RM1.04 billio0n) in China now. — Reuters
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