Goodman Group's strategic focus

Goodman Group (ASX:GMG) is making strides in logistics and data center opportunities. The group is responding to the digital economy's demands by focusing on data centers and high-intensity use developments, with significant opportunities anticipated in 2025. Currently, 42% of their $12.8 billion development work in progress is dedicated to data centers.

Goodman Group's future outlook

Goodman Group is propelling forward with logistics and data center projects, leveraging its strong asset base and strategic positioning in the digital economy. With $12.8 billion in development work across 74 projects, the company anticipates a 9% growth in operating EPS for FY25. A significant portion of these developments, 42%, are data centers, poised to meet the rising demand in this sector. Goodman's global footprint remains robust, with high occupancy rates and a focus on long-term ownership structures with capital partners. The company's ongoing commitment to sustainability is evident through its improved GRESB score and energy-efficient project designs. Looking ahead, Goodman is well-positioned to support the growing demand for data centers with its secured power access and infrastructure capabilities.

Executive insights from Goodman Group

Goodman's strong asset fundamentals remain intact, with low vacancy rates and minimal new supply. Our focus on data centers and high-intensity use outcomes is aligned with future growth opportunities, particularly as we anticipate new starts in 2025.