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Goodman Group

From Wikipedia, the free encyclopedia
Australian property developer

Goodman Group
Company typePublic
ASXGMG
IndustryCommercial property
Founded1989; 36 years ago (1989)
FounderGregory Goodman[1]
Headquarters,
Australia
Area served
Australia,New Zealand,Asia,Europe,the United Kingdom,North America andBrazil
Key people
Gregory Goodman(GroupCEO)
Anthony Rozic(DeputyCEO)
Nick Vrondas(GroupCFO)
Nick Kurtis(Group Head of Equities)
Increase A$2,311,200,000 2025-06-30[2]
Total assetsIncrease A$85,600,000,000 2025-06-30[2]
Number of employees
1,000 at 2025-06-30[2]
Websitewww.goodman.com

Goodman Group is a provider of essential infrastructure. It owns,develops andmanages real estate. This includeswarehouses, large scalelogistics facilities,business andoffice parks anddata centers globally.

History

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The organisation was founded in Australia in 1989 as a private property trust focused on industrial properties, listing on theAustralian Securities Exchange (ASX) in 1995 asGoodman Hardie Industrial Property Trust with eight properties valued at A$75 million. In 2000 the trust merged withMacquarie Industrial Trust and was renamedMacquarie Goodman Industrial Trust.[3]

The organisation changed its name toMacquarie Goodman Group in 2005 following a series of acquisitions and mergers, which made it the largest industrial property group in the ASXAll Ordinaries Index.[3]

In July 2007, the organisation was renamed to its present name, afterMacquarie 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]

See also

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References

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  1. ^"Philanthropist, arts patron, businessman Sir Pat Goodman dies". 10 September 2017. Retrieved15 June 2019.
  2. ^abc"Appendix 4E Full Year Accounts"(PDF). Goodman Group. Retrieved13 August 2020.
  3. ^ab"Our history". Goodman Group. Retrieved24 September 2025.
  4. ^"MGQ Annual General Meeting"(PDF). Goodman Limited. 16 November 2006. Retrieved25 January 2015.
  5. ^"Our history". Goodman Group. Retrieved24 September 2025.
  6. ^"Goodman's global presence". Goodman Limited. Retrieved25 January 2015.
  7. ^"Goodman 30 June 2025 Full Year Results". Goodman Group. 21 August 2025. Retrieved24 September 2025.
  8. ^ab"Data centres drive Goodman's $15b global pipeline".The Australian Financial Review. 21 August 2025. Retrieved24 September 2025.

External links

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S&P/ASX 20 ←   S&P/ASX 50 companies of Australia   →S&P/ASX 200
As of 28 April 2021
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