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Goodman Group Raises $4 Billion to Accelerate $10 Billion Data Centre Expansion

8:04am on Wednesday 19th of February, 2025 AEDT Real Estate
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Goodman Group Raises $4 Billion to Accelerate $10 Billion Data Centre Expansion

8:04am on Wednesday 19th of February, 2025 AEDT
Key Points
  • 1H25 operating profit rises 8% to $1,222.4 million
  • Fully underwritten $4 billion placement to fund data centre projects
  • Data centres represent 46% of $13 billion development work in progress
  • Maintains 9% OEPS growth guidance for FY25 despite equity raising
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