TOKYO, July 26, 2023 /PRNewswire/ -- Goodman Group has signed a major leasing commitment with Adastria Co. Ltd, one of Japan's largest apparel companies at Goodman Joso, its latest integrated development. Goodman Joso (artist impression) "This agreement highlights the exceptional quality, design and strategic location of Goodman Joso, and underscores the strong demand we're seeing for this property," said Angus Brooks, CEO of Goodman Japan. "Due to complete in July 2023, Goodman Joso will cater to Adastria's growing operational needs as its stable of brands grows, enabling efficient supply chain management and enhancing its ability to serve customers effectively." Mr. Masatake Hayashi, Senior Executive Officer, Logistics Division at Adastria said: "The strategic location of Goodman Joso, within the newly developed community district of Joso City, and its focus on employee-friendly amenities and sustainability, aligns perfectly with Adastria's vision. It also offers an ideal logistics location and environment to support Adastria's medium to long-term logistics network strategy. We are committed to creating a 'Good Community' in collaboration with all stakeholders, and value establishing strong connections with the local community while ensuring a safe and comfortable working environment for our employees". Goodman Joso will be the largest logistics facility in Japan for Goodman Group. With a gross lettable area of 174,000 square meters spread across five storeys, this facility sets a new benchmark in logistics infrastructure. Located adjacent to the Joso Interchange on the Ken-O Expressway, it offers exceptional connectivity throughout the Greater Tokyo area. Within a 60-minute drive from Tokyo's Central Business District, Goodman Joso provides excellent access to a vast consumer base of tens of millions. With the addition of Goodman Joso 2, which is currently under construction, Goodman Group is establishing a new business park, providing room to expand within the precinct for customers as their businesses grow. Community integration Like Goodman's flagship master-planned estate, Goodman Business Park in Inzai, Chiba Prefecture, Goodman Joso is an integrated development with a newly-built retail and amenity facility, designed to create a modern and vibrant townscape. The facility includes a Tsutaya bookstore, café, playground, restaurant, retail, spa facilities, and an urban park, providing an array of conveniences for employees and the local community. Sustainability credentials Goodman's strong commitment to sustainability is evident at Goodman Joso, with a number of innovative and market-leading features. Leveraging 4.25MW of solar power for self-usage in addition to battery storage, the facility harnesses renewable energy sources to help customers manage their carbon footprint. Additionally, Goodman Joso offers electric vehicle (EV) charging stations to support the growing demand for eco-friendly transportation solutions. These sustainability credentials have been externally verified with Goodman Joso obtaining the highest rank BELS (ZEB) certification, acknowledging its exceptional energy performance. It also achieved the highest rank CASBEE S certification for its sustainable building practices. For more information, please visit https://jp.goodman.com/en/property-lease-site/goodman-joso About Goodman Goodman Group is a global industrial property specialist group with operations in key consumer markets across Australia, New Zealand, Asia, Europe, the United Kingdom, and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest property group on the Australian Securities Exchange (ASX: GMG), a top 20 entity by market capitalisation, and one of the largest listed specialist investment managers of industrial property globally. Goodman provides essential infrastructure for the digital economy by owning, developing, and managing high-quality sustainable properties that are close to consumers in key cities around the world. Our property portfolio includes logistics and distribution centres, warehouses, light industrial, multi-storey industrial, business parks and data centres. We take a long-term view, investing significantly alongside our capital partners in our investment management platform and concentrating our portfolio where we can create the most value for customers and investors. For more information visit: www.goodman.com About Goodman Japan For more information visit http://jp.goodman.com/en Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fashion-house-adastria-to-join-goodman-japans-latest-logistics-development-goodman-joso-301884768.html SOURCE Goodman Group
Fashion house Adastria to join Goodman Japan's latest logistics development, Goodman Joso
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...