BLP, Jones Day and Nabarro win places on Goodman panel

Berwin Leighton Paisner, Jones Day and Nabarro have secured places on the coveted UK general panel of one of Australia’s largest industrial real estate investment trust Goodman International.

It is understood that the panel review was conducted to formalise the group’s external adviser relationships following Goodman’s rapid growth in the UK since its entrance into the market in 2005 with the acquisition of Arlington Securities.

It also follows the group’s re-branding from Macquarie Goodman in July after Australia’s Macquarie Bank sold its 7.7 per cent share in the business.

Other firms with existing relationships with the Goodman group of companies and also thought to have secured places on the panel include Linklaters and Wragge & Co.

Nabarro real estate partner Rob Raimes said Goodman was a new client win for the firm, although Nabarro had previously worked for logistics property specialist Rosemound Developments, which Goodman acquired in April.

“It’s an absolute delight to be on the panel,” he said. ”Goodman is the largest logistics company in the world and it’s an opportunity to work for a new client.”

Goodman holds assets worth AUS$35bn (£14bn), and has 600 properties under management across Australia, New Zealand, continental Europe and the UK.

“There’s a buoyant industrial sector at the moment and to get a new client the size of Goodman is very good news for our real estate practice,” Raines said.