Goodman Group

GMG: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Goodman: Build First, Lease Later

Yingqi Tan

May 27, 2026

Data centers were two-thirds of Goodman's AUD 14.5 billion development pipeline at the end of March 2026, and the group remains committed to expanding it to AUD 18 billion by June 2026. Management also reiterated its fiscal 2026 operating earnings growth target of at least 9%.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

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Goodman Group

Goodman: Build First, Lease Later

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