Goodman Group
GMG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$36.00 | Xmchqc | Sbdfslvyc |
Goodman Is Well Positioned for the Ongoing Global E-Commerce Infrastructure Build
Business Strategy and Outlook
Goodman Group is one of the world’s premier developers and managers of industrial property projects and investments. The group was co-founded in Australia by Gregory Goodman who remains CEO today, and now has projects and customers in Asia, Europe and the Americas. A typical project involves obtaining a development site, signing tenants onto a lease, and investors to pay for the development and acquire the completed project. Goodman typically retains a minority stake and continues to manage sites after completion, collecting development fees, leasing fees, management and performance fees, and its share of rent.