Goodman announced that it has broken ground on its first project in Xian, Goodman Xian North Logistics Centre in western China.
SF Express, a domestic logistics distribution and express delivery services provider in China, is expected to be the first customer at Goodman Xian North Logistics Centre. Goodman will develop a 22,000 sq m facility for SF Express, representing approximately half of the total leasable area of the first phase of the development.
This built-to-suit facility will serve SF Express customers, mainly operating in the e-commerce sector and is specifically designed to meet SF Express’ operational needs for their expanding network. The facility also includes traffic lanes and a parking area for large trucks, to allow for the efficient and convenient mobilisation of SF Express’ vehicle fleet inside the warehouse.
Philip Pearce, Managing Director Greater China for Goodman said, “We are very excited to commence our first development project in Xian, an important cultural and industrial centre of north-west China. We are also pleased to welcome SF Express, our first customer at the development. Their built-to-suit facility is yet another testament to the trust that our customers have in Goodman’s ability to successfully deliver customised logistics solutions, which meet industry specific requirements.”
Hou Wenyan, President of Western China Region for SF Express said, “As we continue to expand our business in China, we are placing greater emphasis on the development of the north-western region. We are pleased to have a strong and reliable partner like Goodman, which provides us with high quality logistics facilities and services to support our expansion in the region. We look forward to building a mutually beneficial relationship with Goodman over the long term.”
Goodman Xian North Logistics Centre is located in the Xian Economic and Technological Development Zone, with access to major expressways. It is also in close proximity to the Xian Xianyang International Airport. Once fully developed the site will comprise five single-storey warehouses, providing a total of 93,100 sq m of prime logistics space, with an estimated end value of RMB360m. It will be developed in two phases, with the 44,400 sq m first phase to be completed in January 2016.
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