Goodman Group to Start A$451 Million of Australian Projects

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Goodman Group, Australia’s biggest industrial property trust, said it plans to begin warehouse and office developments worth A$451 million ($470 million) across the country.

Goodman will start 210,000 square meters (2.3 million square feet) of projects after receiving pre-commitments from new and existing tenants, the Sydney-based group said in an e-mailed release, without providing a time frame for the plans.