Industrial property company Goodman Group upgrades FY2024 EPS growth outlook to 13% due to strong Q3 performance and 98% portfolio occupancy.
Goodman Group, an industrial property company, has upgraded its FY2024 operating earnings per share growth outlook to 13%, citing strong performance in Q3 and a portfolio occupancy rate of 98%. Despite global demand for warehouse space weakening, Goodman's assets under management surpassed $80bn, and it reported strong rental growth and demand in Sydney. The company's $50bn data centre pipeline continues to expand alongside AI learning and cloud computing.
May 08, 2024
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