Goodman Supports Data-Driven Growth Despite Trade Concerns

Goodman Group is moving ahead with plans for AI-enabled infrastructure, data centres and warehouse automation to meet growing global demand for technology-related assets. This comes as geopolitical tensions and a slowdown in China’s property sector put pressure on logistics markets. The company is forecasting 9% operational earnings-per-security growth in FY25 and aims to maintain its 30 cent distribution, but notes that global trade uncertainty is causing delays in customer decision-making.

Goodman is placing a strong bet on smarter infrastructure. While many developers are pausing projects due to funding limitations and cautious investor sentiment, Goodman is using this period to acquire key regeneration sites around the world. Its developments are concentrated in major global cities, where demand for warehouse and data space remains high because of limited supply and evolving digital infrastructure requirements.

With $6.3 billion in purchasing capacity, the company is working with institutional supporters to finance large-scale logistics and data centre developments. Goodman has already raised $4 billion this year and is preparing to launch new facilities in eight major metropolitan areas across North America, Europe, Asia and Australia. These projects are currently generating about 9% returns and are often backed by global pension funds or pre-leased to major clients.

The group’s long-term plans are rooted in automation, based on the belief that many future warehouses will operate using robotic systems driven by artificial intelligence. This strategy reflects growing demand for cloud infrastructure, AI capabilities and fast data processing, which are all accelerating the need for hyperscale data centres. Although securing power supply is a challenge in some global cities, Goodman has obtained critical access in target locations, reinforcing its position worldwide.

While competitors are scaling back, Goodman is taking advantage of reduced activity in the market to secure high-value land and redevelopment assets. The company expects its $85.8 billion property portfolio to grow further through investments in data centres, multi-storey warehouse conversions and the sale of rezoned land for residential use. Despite ongoing economic uncertainty, Goodman believes that its focused investment approach and partnerships will support sustained growth in earnings.

Source: Goodman Group, AINVEST, Data Centre Knowledge