Goodman Australia Development Fund (GADF) overview
Goodman Australia Development Fund (GADF) was launched in May 2010 with the primary objective to invest in high quality, newly developed logistics assets alongside Goodman Group in prime Australian markets on the Eastern seaboard.
The Fund has a strong partnership approach providing equity commitment of $293 million (80% CPPIB / 20% Goodman) supported by a $110 million debt platform targeting stable annual total returns.
GADF’s portfolio comprises of 8 assets with a combined value of $379 million. Since inception the Fund has committed to over 420,000m² across 10 developments growing the portfolio through providing alternate capital for the Goodman Australian development business.
(All figures as at 31 December 2014)
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