Goodman obtains ownership of Brazilian platform

Company News

Goodman Group (ASX:GMG) has announced it has acquired 100 per cent of its operating platform in Brazil.
 
The Group and WTorre have agreed to split their respective interests in the assets of their WTGoodman Brazilian joint venture.
 
Goodman Brazil will operate under the global brand and will be strategically aligned with the group’s platform covering 16 countries. 
 
Goodman’s operations now include over $33 billion of assets under management in over 30 offices.
 
Goodman Group reported a net profit of $929 million at 31 December 2015.

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