Goodman Group (ASX:GMG) was selected as the lead development partner for Asamizodai-Araisono North Association, an association of local landowners and stakeholders, which is working on plans for a potential new data center campus in Sagamihara City in Japan, according to a Thursday statement.

The association, Goodman, Nakajima Construction, a local general contractor, and Sagamihara City will collaborate on a master plan to address "land use, infrastructure requirements, environmental sustainability, and broader urban planning outcomes."

Its shares fell 1% in recent trading on Thursday.