$32.80
Operational Update
“Long-term structural demand drivers are intact, however, the uncertain economic and trade environment is delaying customer decisions in the logistics space. Desire for modern, sustainable, logistics facilities in central locations, where automation can improve productivity continues. Space is scarce in our markets, and supply in our locations remains limited.
"In the data centre space, we continue to see significant capex growth from hyperscale operators as they work to meet rising demand for cloud and AI services. With a globally diverse portfolio of identified development opportunities and a 5GW power bank concentrated in low latency, metropolitan areas, the Group is well placed to support these growing requirements.
"We are using this time to take advantage of the current market by acquiring large-scale sites which will be future long-term regeneration opportunities. Goodman has substantial available liquidity of $6.3bn to execute our program and we continue to work with major infrastructure and real estate investors to provide long-term capital. Our team around the world is focused on execution to deliver the significant opportunity we have before us”.
- Greg Goodman, Group CEO
As at 31 March 2025
+ $13.7 billion of development work in progress across 66 projects
+ Data centres represent >50% of WIP
+ 4.5% like-for-like annual net property income growth on properties in our Partnerships
+ 96.5% occupancy across the Partnerships
+ $85.8 billion total property portfolio
+ Reaffirm FY25 forecast Operating EPS growth of 9%.