Business Chief APAC+ANZ Magazine May 2019 | Page 82

WOOLWORTHS LIMITED
GOODMAN GROUP
CITY FOCUS | SYDNEY
82 first quarter of 2019 , and industry insiders predict Macquarie to uptick as much as 15 % by year ’ s end .
WOOLWORTHS LIMITED
This consumer goods household name enjoyed a 2018 market cap of $ 39.84bn , and a profit exceeding $ 1.7bn on an estimated revenue of $ 61.5bn . Under CEO Brad Banducci ’ s direction , Woolworths anticipates opening an automated distribution center costing $ 560mn . Woolworths is reportedly gearing up to stave off competition from Coles and outperformed its rival during the holiday consumer uptick . The outfit tested the retail market waters at the end of 2018 with ‘ The Kitchen ’ store in Sydney .

5.23m

Population of Sydney

Nearest Airport

15km

Sydney Airport

GOODMAN GROUP
This real estate powerhouse earned a market cap exceeding $ 23.4bn and experienced $ 1.1bn in profits on its $ 2.67bn 2018 revenue stream . The outfit ’ s top-rated portfolio includes more than 40 % of industrial property . On the development and managerial side , recognisable tenants such as DHL , Japan Post , Wesfarmers , BMW ,
MAY 2018