Transactions - MAY 16, 2022

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Goodman sells six China logistics properties for $337m

by Andrea Zander

A fund managed by Australia’s Goodman Group has sold six China Mainland logistics properties to New World Development for $337 million, according to a statement to the Hong Kong stock exchange.

The properties total a 531,000-square-meter (5.7 million-square-foot) portfolio of properties in the cities of Chengdu and Wuhan. It includes five completed projects, a developing project and a land parcel to be developed.




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