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Ready for further growth Goodman appoints new Director Germany

Monday, 07 October 2013

As Goodman gears up for new opportunities it has appointed Jordan Corynen as Director Germany to realise its growth targets. Goodman is the clear market leader in Germany in terms of development and assets under management, and has ambitions for further growth.

Announcing the appointment of Jordan Corynen as Director Germany, Philippe Van der Beken Managing Director Continental Europe, said he was delighted that Jordan Corynen would lead the strong German team. “I am confident that Jordan Corynen will cement and strengthen our position as market leader in Germany. He has a strong track record, as well as the required experience and skills to help realise our ambitions.”

Jordan Corynen joined Goodman in August 2004. In November 2010 he was appointed Head of Business Development for Germany.

Under his tenure, Goodman achieved the status of German market leader in logistics real estate. Since 2011, the German team has signed over 1.1 million sqm of pre-leased new development. New customers during that period include Amazon, Daimler, DB Schenker, Kuehne + Nagel, Volkswagen and Zalando.

Goodman manages a portfolio of approx. 2,5 million sqm of assets with a value of EUR 1.4 billion throughout Germany. In the past 12 months Goodman developed 13 new logistics properties in Germany, totalling approx. 374,000 sqm and leased in excess of 500,000 sqm of existing space, resulting in an occupancy rate of 99,7%. It currently has eight projects under construction across Germany, and a significant pipeline of development and leasing enquiry.

Building on its quality global brand, experienced local platform and strong support from customers and capital partners, Van der Beken said that Goodman, in addition to its current strong development pipeline, sees further growth opportunities by increasing its market position in prime locations through (brownfield) redevelopment opportunities, acquisitions, and strengthening its team and regional presence.

Commenting on his new role, Jordan Corynen said: “I am very proud and excited to take on this role at a uniquely interesting time for the logistics real estate asset class. I look forward to building on Goodman’s strong position in Germany and continue with our strategy to further develop our presence here.”

Goodman has 123 logistics properties under management in 11 countries in continental Europe equating to 4.5 million sqm in assets, as at 30 June 2013.

For further information, please contact: 

additiv pr GmbH & Co. KG, 
Simon Sahm, 
02602-95099-14, 
sis@additiv-pr.de

For more information please visit:  www.goodman.com/de