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Goodman is a global integrated commercial and industrial property group that owns, develops, and manages logistics and industrial real estate located close to major consumer markets. Its portfolio spans distribution centres, warehouses, light and multi-storey industrial estates, business parks, and data centres, providing infrastructure that supports e-commerce and the digital economy. The group operates in 14 countries across the Asia Pacific, Europe, the United Kingdom, and the Americas, managing hundreds of properties with roughly $73 billion in assets under management. What sets Goodman apart is this integrated model, combining ownership, in-house development, and management of high-quality, sustainable sites in supply-constrained urban locations. The goal is to provide essential industrial and logistics space near consumers while creating long-term value for its customers and investment partners.
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Why data centre boom won't help Australia with its productivity crisis yet. The value of Australia's data centre projects has quadrupled in just a year, but there's a big reason why productivity won't improve soon. The value of emerging data centres to power artificial intelligence has quadrupled in just a year but this is unlikely to boost Australia's weak productivity any time soon, a new report says. Australia's 33 data centre projects now have a combined value of $104 billion, up 300 per cent compared with a year earlier, Deloitte Access Economics revealed in its Investment Monitor report. That's on top of the 160 data centres now in operation, with half of them in Sydney. The technology is regarded as a lifeline for Australia's sluggish economic growth with weak productivity blamed for keeping inflation high as elevated costs are passed on to consumers. But demand for scarce resources to build the productivity-enhancing data centres is set to become a bigger challenge, as renewable energy, defence and home building projects compete for labour and materials during a time of high construction costs. "Together, data centres, energy infrastructure, housing and defence are drawing from overlapping pools of labour, materials and capital, meaning capacity constraints look set to continue to define Australia's investment landscape for some time," the report said. "With productivity growth already weak, ensuring that capital flows to genuinely productivity-enhancing projects matters now more than ever." Nonetheless, big tech is expected to keep investing in data centres, especially in first-world economies like Australia, even in the face of local community opposition. "The recent lift investment has further to run, particularly as global technology companies look to expand capacity in stable markets with reliable infrastructure, transparent regulation and access to renewable energy," the report said. While Australia's productivity remains weak, new data centres are driving the investment boom, mainly with imported materials. This is also underpinning demand for renewable energy, needed for data centres to exist without overwhelming established power grids still run on coal. Data centres are legally required to underwrite their own power supply, leading to them making long-term deals with new renewable energy projects. "The current environment is also proving hugely beneficial for the clean energy and utilities sector, pulled forward by two forces at once," Deloitte Access Economics said. "At the same time, the growth in data centre capacity is placing new and substantial demands on the power network, adding second, largely independent driver of investment in the sector. "These changes could position data centres as a catalyst for the next wave of renewable investment, given that long-term power purchase agreements with wind and solar projects can give developers the certainty needed to finance new capacity." During the June quarter, IREN announced plans for a $10b 800-megawatt hyperscale data centre at Bundey, north-east of Adelaide, which locals fear will take too much water from the Murray River. This occurred as Keppel Data Centres proposed a $10b 720MW project in Victoria's Latrobe Valley, Energy North unveiled plans for an $11.9b Project Ares 1 gigawatt data centre in the Northern Territory and the Goodman Group announced plans for a $5B, 500MW Project Atlas data centre at Eastern Creek in western Sydney. The capital figures cover building the shell along with substations and cooling systems but not the cost of servers or storage network equipment. Australia's economy grew by just 0.3 per cent during the March quarter as productivity fell by 0.6 per cent, reflecting an inability of firms to boost output from labour due to a lack of available technology. But investment in plant and equipment spending soared by 16.3 per cent, marking the biggest increase in three decades. Reserve Bank of Australia governor Michele Bullock this month blamed weak productivity for constraining the economy's ability to grow without generating high inflation.
AU$1.1 billion data center project proposed outside Melbourne, Australia. Unnamed company plans development in City of Casey July 22, 2026 A data center campus is being planned outside Melbourne, Australia. "We have received a planning permit application for a proposed data center at 585 Berwick-Cranbourne Road, Clyde North," the City of Casey announced this week. "This is the first planning permit application of this kind received by the City of Casey." Clyde North is a suburb in Melbourne, located within the City of Casey local government area. It is some 53km (32.9 miles) southeast of central Melbourne. Full details of the planned campus have not been shared, but up to AU$1.1 billion (US$769m) could be invested in the project, according to the application. The proposals have received six objections on the Casey planning portal at the time of writing. The city noted that the site is located in the Urban Growth Zone, an area identified by the Victorian Government for future growth and development. City planning officers are currently reviewing the information provided in the application, and we have requested additional information. The site, on the corner of Thompsons Road and Berwick-Cranbourne Road, covers about 53.6 hectares. City of Casey Mayor, Cr Stefan Koomen, said: "At this stage, Councilors have not been asked to make a decision on the application, and it would be inappropriate to form a view before all relevant information has been received. We are committed to ensuring a thorough, fair and transparent process that considers the impacts of this significant proposal and the best interests of our community." Real estate firm Galileo Group acquired the land for AU$130m (US$90.89m) in November 2022. The site is still listed on the company's website. More data centers planned around Melbourne. Recent weeks have seen several other data center applications in and around Melbourne, already Australia's second major data center hub behind Sydney. An application for a data center at 45 Donnybrook Road in Mickleham was filed earlier this month with Victoria's Department of Transport and Planning. Up to seven buildings are planned on the site, located within the 67-hectare Fusion Business Park, owned by real estate firm McMullin. The land, some 35km (22 miles) north of central Melbourne, is close to the Kalkallo Zone Substation. The applicant hasn't been shared, but a PWC post suggests the site may be being developed by AirTrunk, while DataCenterMap lists the site as a planned Amazon campus. July also saw Australian real estate firm Goodman file to develop three two-story data center buildings at 433 Mount Atkinson Road in Truganina, some 30km (19 miles) west of Melbourne. Full details of the project haven't been shared. The land was previously owned by real estate firm Logos (now owned by ESR). More in construction & site selection.
Newark Anheuser-Busch brewery equipment set for September auction. AssetBuilt is auctioning brewhouse, packaging, and utility equipment from the shuttered Newark Anheuser-Busch plant, Sept. 8-11. July 14, 2026 Following news that Anheuser-Busch sold its 75-year-old Newark, NJ, plant to Goodman North America Management for $360M, according to public deed filings reported by CoStar, the 3.2 million-sq-ft campus is now entering its demolition phase. AssetBuilt, a global industrial asset advisory and disposition firm, was selected to lead the auction and demolition support for the former manufacturing site, which sits on more than 86 acres. Ahead of demolition, AssetBuilt is coordinating the recovery of reusable industrial assets from the plant and will conduct a global Live Webcast Auction September 8-11, 2026. Manufacturers, processors, contractors, equipment dealers, and industrial investors will have the opportunity to bid on equipment spanning the full former brewing operation. Types of equipment up for auction: * Complete Brewhouse Systems: Grain milling equipment, mash mixers, wort production systems, brew kettles, heat exchangers, and miles of stainless steel process piping. * Fermentation & Storage: Hundreds of stainless steel fermentation tanks, bright beer tanks, lagering vessels, filtration systems, process pumps, valves, and sanitary process equipment. * Packaging Lines: High-speed canning, bottling, keg filling, labeling, case packing, palletizing, conveying, and packaging systems from leading global manufacturers. * Processing Systems: Extensive stainless steel processing equipment, vessels, mixers, CIP systems, pumps, and food-grade process infrastructure. * Utility Infrastructure: Industrial refrigeration plants, ammonia refrigeration systems, steam boilers, compressed air systems, CO[2] recovery equipment, chilled water systems, cooling towers, and complete utility infrastructure. * Electrical & Automation: Electrical distribution systems including substations, transformers, switchgear, motor control centers, electrical panels, control cabinets, PLCs, drives, and plant automation equipment. * Water Treatment: Water treatment and wastewater processing equipment supporting large-scale industrial manufacturing. * Machine Shop: Machine shop equipment featuring lathes, mills, drill presses, fabrication equipment, welding systems, maintenance tooling, and precision machining equipment. * MRO Inventory: A massive Maintenance, Repair, and Operations (MRO) inventory including pumps, valves, bearings, motors, gearboxes, electrical components, instrumentation, spare parts, maintenance supplies, and industrial consumables. * Material Handling & Logistics: Material handling equipment, including conveyors, pallet handling systems, warehouse equipment, forklifts, dock equipment, and logistics infrastructure supporting both truck and rail distribution. * Plant Support: Plant support equipment, offices, maintenance facilities, laboratory equipment, and additional industrial support assets. Buyers from the food & beverage, pharmaceutical, chemical processing, consumer packaged goods, industrial manufacturing, automation, logistics, and equipment resale sectors are encouraged to attend. Equipment inspection is by appointment only ahead of the sale. AssetBuilt says detailed catalogs, photographs, inspection scheduling, and bidder registration will be posted at assetbuilt.com before the auction date, though a specific release date hasn't been announced. If you would like any more information on this auction, you can contact Jake Freedlander at [email protected]. Editor-in-Chief, New Equipment Digest. Laura Davis is the editor in chief of New Equipment Digest (NED), a brand part of the Manufacturing Group at EndeavorB2B. NED covers all products, equipment, solutions, and technology related to the broad scope of manufacturing, from mops and buckets to robots and automation. Laura has been a manufacturing product writer for eight years, knowledgeable about the ins and outs of the industry, along with what readers are looking for when wanting to learn about the latest products on the market. Great question: A manufacturing podcast. Manufacturers from chemical producers to automakers to machine shops gain for critical insights into the technologies, economic conditions and best practices that can influence how to best run facilities to reach operational excellence. Tune in Now!
Northern New Jersey industrial market remains resilient as large users drive Class-A demand, NAI James E. Hanson Industrial Report finds. Jul 2, 2026 Teterboro, N.J. - NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, released its 2Q 2026 Industrial Report, showing continued demand for high-quality industrial space even as overall vacancy edged higher to 7.1%, a rate that remains well below the national average. Large-scale users and third-party logistics (3PL) firms continued to drive activity in the market, prioritizing well-located Class-A product with high ceilings. Through June, the market recorded 12 transactions over 300,000 square feet, bringing year-to-date leasing volume to 14 million square feet. Average asking rents, while still elevated by historical standards, have begun to level off after recent spikes, with Class-A space averaging $16.25 per square foot and the overall market averaging $13.87 per square foot. New construction deliveries continued to slow, with 3.9 million square feet delivered during the first six months of the year, compared to 4.6 million square feet over the same period in 2025. As of mid-year, 7.6 million square feet remained under construction, with delivery expected by year's end. "Even with vacancy ticking up in pockets of the market, the underlying fundamentals in Northern New Jersey remain strong," said James Delmonte, Vice President and Director of Research at NAI James E. Hanson. "Large users continue to compete for well-located, high-quality space, and with new construction slowing, that demand should keep the market well-positioned even as it continues to normalize from the historic lows we saw during the pandemic." Submarket performance reflected that same demand-driven pattern, with the tightest markets continuing to see the strongest activity: * The Ports submarket held steady at 6.6% vacancy, with a limited construction pipeline of 632,218 square feet positioning the submarket to tighten further over the next year. Class-A rents in the submarket commanded a nearly $8.00 per square foot premium over the broader market. * Exit 10/12 vacancy declined to 6.4% year-over-year, led by the quarter's largest lease, an 800,000-square-foot deal signed by GoFo, Inc. at 1160 State Street in Perth Amboy. * The Meadowlands remained stable at 6.0% vacancy, with average asking rents rebounding to $16.24 per square foot, among the highest in the region. * Exit 8A posted a substantial increase in leasing activity, including a 600,000-square-foot lease signed by DSV at 201 Middlesex Center Boulevard in Monroe, pushing average asking rents to $15.68 per square foot even as vacancy rose to 7.5%. * The 46/23/3 Corridor stayed consistent at 5.4% vacancy, supported by a limited construction pipeline that has kept the rate below 6.0% for three consecutive years. * Exit 7A saw a localized spike in vacancy to 12.3% after roughly 850,000 square feet came to market at a Hamilton Township property, though leasing activity in the submarket continued, highlighted by SunRun's 231,850-square-foot lease at 13 Applegate Drive in Mercer County. Investment sales activity remained active during the first half of the year, led by Goodman North America Management, LLC's $360 million acquisition of a 1.7-million-square-foot property at 200 Route 1 in Newark from Anheuser-Busch. To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook, X and LinkedIn.
Goodman to deliver major distribution facility for Asahi Beverages at Redbank Motorway Estate. 14/06/2026 Asahi Beverages customers will gain more efficient access to the company's full beverages range with a new distribution facility to be developed by Goodman at Redbank Motorway Estate. The 48,500 sqm facility will support Asahi's supply chain transformation, using advanced technology including a high-speed shuttle system and sophisticated robotics to help distribute from one of south-east Queensland's key logistics precincts. The precinct, owned, developed and managed by Goodman provides direct access to key freight routes and supports efficient distribution across the region, the rest of Queensland and beyond. Adrian Benson, Chief Supply Chain Officer, Asahi Beverages, said "More than 97% of the beverages Goodman Group sell in Australia are made by Goodman Group in Australia and the investment in the new Redbank distribution centre further highlights its long-term commitment to Queensland. "The development will help Asahi simplify our warehousing and distribution network along Australia's east coast while delivering sustainability benefits via more efficient distribution routes. The investment means more customers can receive our full range of alcohol and non-alcohol beverages more efficiently with one order, one payment and delivery on one truck. The new distribution centre will not affect any of Asahi's manufacturing operations." Jason Little, CEO Australia, Goodman, said "We're pleased to welcome Asahi as a new, long-term customer to Redbank Motorway Estate. This site offers outstanding automation and logistics connectivity, providing the essential infrastructure needed to support Asahi's growth and service across Queensland." Councillor Teresa Harding, Mayor of Ipswich, said "Ipswich is Queensland's fastest-growing city, with Redbank Motorway Estate playing a key part in our role as a major logistics and employment centre. Council worked closely with Goodman and Asahi Beverages to assess and approve this development, which will bring new investment and job creation for our region. With more than 2,500 jobs already created across the estate, this project strengthens Ipswich as a destination of choice for the industrial and logistics sector in south-east Queensland." The facility is targeting a 5 Star Green Star rating and will feature sustainability initiatives including 1MW of solar, native landscaping and 50,000L of rainwater collection tanks for reuse in irrigation and amenities. Following the build, a 12-month automation fit-out and commissioning process will take place, with Asahi's new space expected to be fully operational by 2028. It will create approximately 300 full-time jobs during construction with McNab being the appointed builder. A major logistics precinct attracting leading customers and supporting growth across south-east Queensland The Asahi project represents the next phase of growth at Redbank Motorway Estate, as Goodman continues to expand one of south-east Queensland's most significant logistics and industrial precincts. Positioned within the Brisbane-Ipswich corridor, the estate is helping support economic activity, employment and long-term investment across the region. Redbank continues to attract major domestic and international customers, with Officeworks' 77,100 sqm automated omnichannel distribution centre currently under construction, alongside facilities delivered for Australia Post, FedEx, Visy, Coles and Cosentino. Together, these customers reflect the scale, quality and strategic importance of the estate to Queensland's evolving supply chain and industrial economy.
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