Top Qs
Timeline
Chat
Perspective
Goodman Group
Australian property developer From Wikipedia, the free encyclopedia
Remove ads
Goodman Group is a provider of essential infrastructure. It owns, develops and manages real estate. This includes warehouses, large scale logistics facilities, business and office parks and data centers globally.
Remove ads
History
Summarize
Perspective
The organisation was founded in Australia in 1989 as a private property trust focused on industrial properties, listing on the Australian Securities Exchange (ASX) in 1995 as Goodman Hardie Industrial Property Trust with eight properties valued at A$75 million. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.[3]
The organisation changed its name to Macquarie Goodman Group in 2005 following a series of acquisitions and mergers, which made it the largest industrial property group in the ASX All Ordinaries Index.[3]
In July 2007, the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier.[4] Goodman is now one of the largest providers of industrial property and business space in the world, following the expansion of its operations into Europe, Asia and the Americas through a series of acquisitions and organic growth.[5][6]
As of 30 June 2025, the Group had 439 properties under management in 15 countries and 25.8 million sqm under management. It had market capitalisation of A$69.5 billion.[7]
The Group delivered an operating profit of $2,311.2 million as of 30 June 2025, up 13% on FY24, and operating earnings per security (EPS) of 118.0 cents, up 9.8% on FY24. It is split into three divisions: property portfolio, development and funds management.[8]
On 30 June 2025, Goodman Group reported A$85.6 billion total portfolio, with A$12.9 billion in development work in progress. Data centers now make up 57% of the development WIP. The Group has a power bank of 5.0 GW across 13 major global cities. [8]
Remove ads
See also
References
External links
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads