Goodman Group
| Company type | Public |
|---|---|
| ASX: GMG | |
| Industry | Commercial property |
| Founded | 1989 |
| Founder | Gregory Goodman[1] |
| Headquarters | , Australia |
Area served | Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil |
Key people | Gregory Goodman (Group CEO) Anthony Rozic (Deputy CEO) Nick Vrondas (Group CFO) Nick Kurtis (Group Head of Equities) |
| Total assets | |
Number of employees | 1,000 at 2025-06-30[2] |
| Website | www |
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.
History
[edit]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]
See also
[edit]References
[edit]- ^ "Philanthropist, arts patron, businessman Sir Pat Goodman dies". 10 September 2017. Retrieved 15 June 2019.
- ^ a b c "Appendix 4E Full Year Accounts" (PDF). Goodman Group. Retrieved 13 August 2020.
- ^ a b "Our history". Goodman Group. Retrieved 24 September 2025.
- ^ "MGQ Annual General Meeting" (PDF). Goodman Limited. 16 November 2006. Retrieved 25 January 2015.
- ^ "Our history". Goodman Group. Retrieved 24 September 2025.
- ^ "Goodman's global presence". Goodman Limited. Retrieved 25 January 2015.
- ^ "Goodman 30 June 2025 Full Year Results". Goodman Group. 21 August 2025. Retrieved 24 September 2025.
- ^ a b "Data centres drive Goodman's $15b global pipeline". The Australian Financial Review. 21 August 2025. Retrieved 24 September 2025.