Goodman Princeton Holdings (Lux) S.a.r.l (GPH Luxembourg)

Goodman Princeton Holdings is a co-investment between Chambers Street Properties and Goodman Group for the investment in pre-committed logistics development opportunities sourced through Goodman.  The co-investment is funded on an 80/20 basis with Chambers Street Properties holding the majority share. 

The co-investment has a target size of €400m (A$575m) over an investment period of three years with a focus on the core Western European markets of Germany, France and Benelux.





                                                             GPH Key Stats (as per 31 December 2014)

Total assets                                             

 €0.3 billion               

Gearing

 36.30%

 Number of properties

 9

 Occupancy

100%

 Weighted Average cap rate         

 6.9%