A specialist global industrial property group, Goodman is expanding its development workbook in Japan to over $10 billion with its involvement in the development of a 70-hectare site for air cargo logistics space at Narita International Airport, to be completed in 2029. The project, in partnership with Tako Town, the Narita International Airport Corporation, the Chiba Prefectural Government, and Goodman Group, will streamline cargo operations in and out of the airport.

The project aligns with the planned completion of the airport's third runway in 2029, with Goodman chosen due to its extensive experience in developing large and complex projects in Japan, including Goodman Business Park Chiba which is nearing completion. In addition, Goodman is finalising plans for its master-planned estate in Tsukuba City and is progressing construction of the Goodman Joso project.

Goodman Group CEO, Greg Goodman said, “Our workbook in Japan clearly demonstrates Goodman's global focus to develop essential infrastructure that is high-quality, sustainable, and integrated into the local community for the long term”.

Goodman Business Park, valued at more than $4 billion, has established itself as Japan's premier master-planned industrial and data centre hub, covering 50 hectares of land and 900,000 sqm of gross floor area over seven stages. The Park has attracted a significant global and domestic logistics, consumer, and technology customer base, including Google, STT, BMW Skechers and Senko.. It also features dedicated amenity and retail zones serving customers and the community, as well as sustainability features including 15MW of solar power production, shared e-bikes, a shuttle to the nearest train station, and urban gardens.