The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
FROM SITE SELECTION TO DELIVERY PROPERTY DEVELOPMENT MASTERCLASS
PROPERTY DEVELOPMENT MASTERCLASS
LEARN MOREDETAILS
On Demand

Fireside Chat | Inside GemLife With Adrian Puljich

Building Australia's Newest Airport: Multiplex

The Makers Of The Mondrian | Design, Vision And Delivery Behind One Of Australia’s Most Anticipated Luxury Hotels

Next Gen Now | How Emerging Developers Are Redefining The Game

View All >
Latest News
ASX-listed Eureka Group Holdings is expanding its rental offering to all ages, picking up a community in Perth for $22.15 million. The 200-site all-ages Hillside Garden Village in Mount Richon.
Land Lease Communities

Eureka Expands All-Ages Assets with $22m Perth Deal

Renee McKeown
2 Min
The Spit Ignite Projects hero
Placemaking

Luxury Gateway to Unlock The Spit’s New Superyacht Era

Phil Bartsch
5 Min
Dexus 636 St Kilda Road HERO
Planning

Dexus Reveals Apartment Tower for St Kilda Office Site

Leon Della Bosca
3 Min
Toll is among logistics tenants to have previously contracted Westlink sites.
Industrial

ESR Greenlit for Second Stage of Westlink Industry Park

Patrick Lau
2 Min
View All >
Events
One-Day Course

Property Development Masterclass | Brisbane

One-Day Course

Property Development Masterclass | Melbourne

Breakfast

2025 Property and Economic Outlook | Greater Melbourne

Breakfast

2025 Property and Economic Outlook | Greater Sydney

View All >
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
SHARE
print
Print
IndustrialTaryn ParisWed 01 Oct 25

Aware Super, Goodman Launch $2bn US Industrial Platform

Aware Super has acquired a 49 per cent stake in a $2-billion US industrial platform in partnership with Goodman Group. 

The platform has almost 3 million square metres of building area across three seed assets in Los Angeles’ key logistics corridors and infill markets. 

The industrial and logistics assets offer value-add redevelopment potential and already feature high-quality tenants, including Amazon, Maersk, and Relativity Space. 

The US industrial sector is expected to grow significantly with the rise of onshoring and the growth of e-commerce penetration, which is expected to reach 21 per cent of all retail sales in 2027. 

Aware head of property Alek Misev said the investment reflected the superannuation company’s thematic approach to property investment.

Misev said Aware targeted long-term structural trends in technology and demographics that were reshaping global logistics and industrial demand. 

“Despite recent market uncertainty, we remain confident in the strong long-term fundamentals of the US industrial sector, with Los Angeles benefiting from limited supply and robust consumption patterns,” Misev said. 

“The investment also reflects our counter-cyclical approach of identifying opportunities when others are cautious.

“We’re targeting undersupplied infill locations where it is difficult to build new supply, and creating compelling fundamentals for our members’ $12 billion property portfolio.”

Goodman Group will retain a 51 per cent stake in the US industrial platform. 

Goodman Group chief executive Greg Goodman said the US business represented 37 per cent of the company’s offshore earnings and it was an “increasingly important” part of the global investment strategy. 

“Alongside our long-standing investment partner, Aware Super, we see significant growth opportunities in our key US infill markets to support the development of essential infrastructure in a rapidly transforming digital economy,” Goodman said.

The investment also creates a scalable platform for Aware Super’s broader US property strategy, which focuses on industrial and build-to-rent sectors where supply-demand imbalances create attractive investment opportunities.

“Through deliberate sequencing, we’re establishing our reputation and presence as a global asset owner, with an established European platform now operational in London, and capacity to scale our US presence and explore new markets, including developed Asia,” Misev said. 

Industrial now represents about 30 per cent of Aware’s property portfolio, while the living sectors comprise about 45 per cent. 

IndustrialInternationalReal EstateMarketsDeal
AUTHOR
Taryn Paris
More articles by this author
TOP STORIES
Hotel Indigo Adelaide hero
Exclusive

Neighbourhood Hotels Reinvent Urban Hospitality

Clare Burnett
5 Min
Melbourne CBD empty site
Exclusive

Melbourne Developers Hit Back at Mayor’s ‘Lazy Landlord’ Plans

Leon Della Bosca
7 Min
The land value of many fuel retailing sites is outweighing their operational value.
Exclusive

Shrinking Servo Network Heralds Development Prospects

Patrick Lau
7 Min
Sydney airspace
Exclusive

Money Out of Thin Air: The Multibillion-Dollar Rooftop Housing Play

Vanessa Croll
8 Min
Construction

Surgical Precision: Robots Rise in Complex Demolition Job

Taryn Paris
6 Min
View All >
Article originally posted at: https://uat.theurbandeveloper.com/articles/aware-super-goodman-launch-us-industrial-platform