Goodman Group

Goodman Group is an Australian-listed property group focused on industrial and logistics real estate and related infrastructure. Its portfolio includes warehouses, distribution centres, large-scale logistics facilities, business and office parks, and data-centre-related developments. The group combines three principal activities: ownership and management of a property portfolio, property development, and funds management. This integrated model allows Goodman to retain interests in completed assets, develop new facilities for its own portfolio and investment vehicles, and manage property for institutional and other capital partners. The organisation began in Australia in 1989 as a private property trust concentrating on industrial properties. It listed on the Australian Securities Exchange in 1995 as Goodman Hardie Industrial Property Trust, at that time holding eight properties with an aggregate value of approximately A$75 million. In 2000, the trust merged with Macquarie Industrial Trust and adopted the name Macquarie Goodman Industrial Trust. Following further acquisitions and combinations, the organisation changed its name to Macquarie Goodman Group in 2005. The business became one of the largest industrial-property groups represented in the ASX All Ordinaries Index. Macquarie Bank later sold its 7.7% interest, and in July 2007 the group adopted the name Goodman Group. The change marked the company’s transition away from the Macquarie identity while preserving the Goodman operating brand. The group subsequently expanded beyond Australia through a combination of acquisitions, new development and organic growth. Its international platform developed across New Zealand, Asian markets, Europe and the Americas, giving Goodman a global network of industrial and logistics assets. Goodman’s customers generally include retailers, manufacturers, logistics operators, transport companies, wholesalers, technology businesses and other organisations requiring strategically located space. Its facilities are positioned near population centres, transport corridors, ports and other critical infrastructure. In addition to conventional warehouses and distribution facilities, the group has increasingly directed development capacity toward data-centre infrastructure, reflecting the growth of cloud computing, digital services and artificial-intelligence-related demand. As of 30 June 2025, Goodman reported 439 properties under management in 15 countries and 25.8 million square metres under management. Its total portfolio was reported at A$85.6 billion, while development work in progress stood at A$12.9 billion. Data centres represented 57% of development work in progress, and the group reported a 5.0-gigawatt power bank across 13 major global cities. For the financial year ended 30 June 2025, Goodman reported operating profit of A$2,311.2 million, an increase of 13% from the previous financial year, and operating earnings per security of 118.0 cents, up 9.8%. These figures describe the group’s operating performance for that period rather than a general guarantee of future results. Goodman’s positioning is based on owning and developing essential property infrastructure in locations where land, power, transport access and customer demand constrain supply. Its business therefore sits between traditional commercial real estate, infrastructure investment and specialist logistics development. The group remains active under the Goodman name and is best understood as a global industrial-property and infrastructure platform rather than a consumer-facing product brand.

Goodman Group traces its origins to an Australian private property trust established in 1989 to invest in industrial real estate. The initial focus was comparatively specialised: owning and operating industrial properties rather than serving the broad commercial-property market. This orientation gave the organisation exposure to warehouses, distribution facilities and other premises required by manufacturers, wholesalers and logistics businesses. The organisation entered the public market in 1995, listing on the Australian Securities Exchange as Goodman Hardie Industrial Property Trust. At the time of listing it held eight properties valued at approximately A$75 million. Public ownership provided a platform for expansion and for access to capital markets as demand for industrial and logistics space developed. In 2000, the trust merged with Macquarie Industrial Trust and became Macquarie Goodman Industrial Trust. The combination enlarged the operating platform and connected the business with Macquarie’s property-investment structure. After a series of acquisitions and mergers, the organisation adopted the name Macquarie Goodman Group in 2005. The enlarged business became the largest industrial-property group in the ASX All Ordinaries Index, reflecting the scale achieved through consolidation as well as the importance of industrial property within the Australian listed real-estate sector. Macquarie Bank subsequently sold its 7.7% interest. In July 2007, the group changed its name to Goodman Group, the name it uses today. The rebranding separated the operating company from the Macquarie identity and established Goodman as the principal international brand. Following this transition, the group expanded its presence through Europe, Asia and the Americas. Growth came through a combination of acquisitions, new developments and the gradual extension of Goodman’s existing platform into additional markets. The group’s business evolved from a property trust into an integrated real-estate and infrastructure organisation. Its activities came to include the ownership of completed industrial assets, development of new facilities and management of property funds and investment vehicles. Its assets and developments have included conventional warehouses, large logistics campuses, business and office parks and facilities serving increasingly complex supply chains. The strategic logic of the portfolio is based on proximity to major population centres, ports, airports, transport routes and other infrastructure that make industrial sites difficult to replicate. In the 2020s, data-centre development became a particularly significant part of Goodman’s development pipeline. The group’s reported development work in progress increasingly reflected demand for digital infrastructure and the importance of access to electricity and suitable sites. By 30 June 2025, Goodman reported 439 properties under management in 15 countries and 25.8 million square metres under management. Its total portfolio was A$85.6 billion, with A$12.9 billion of development work in progress. Data centres accounted for 57% of development work in progress, and the group reported a 5.0-gigawatt power bank across 13 major global cities. For the financial year ended 30 June 2025, Goodman reported operating profit of A$2,311.2 million and operating earnings per security of 118.0 cents. The group’s contemporary identity is therefore broader than that of a traditional warehouse landlord. It operates as a global platform combining industrial-property ownership, development, investment management and digital-infrastructure development, while retaining its Australian listed-company base.

• 2025

  Reported global portfolio and data-centre expansion

  [1]Goodman Groupen.wikipedia.org

  As of 30 June 2025, Goodman reported 439 properties under management in 15 countries, 25.8 million square metres under management, a A$85.6 billion total portfolio and A$12.9 billion of development work in progress.

• 2007

  Adopted the Goodman Group name

  [1]Goodman Groupen.wikipedia.org

  After Macquarie Bank sold its 7.7% interest, the organisation changed its name to Goodman Group in July 2007.

• 2005

  Renamed Macquarie Goodman Group

  [1]Goodman Groupen.wikipedia.org

  Following acquisitions and mergers, the enlarged organisation adopted the Macquarie Goodman Group name and became a leading industrial-property group in the ASX All Ordinaries Index.

• 2000

  Merged with Macquarie Industrial Trust

  [1]Goodman Groupen.wikipedia.org

  The merger created Macquarie Goodman Industrial Trust and expanded the organisation’s industrial-property platform.

• 1995

  Listed on the Australian Securities Exchange

  [1]Goodman Groupen.wikipedia.org

  The trust listed as Goodman Hardie Industrial Property Trust with eight properties valued at approximately A$75 million.

• 1989

  Organisation established as an Australian private property trust

  [1]Goodman Groupen.wikipedia.org

  The organisation was founded in Australia as a private property trust focused on industrial properties.

A global owner, developer and manager of essential industrial, logistics and digital infrastructure, with a focus on strategically located, high-demand real estate.

• Industrial real estate

  Logistics and warehouse facilities

  Goodman owns, develops and manages warehouses and distribution facilities used by retailers, manufacturers, wholesalers, logistics operators and other businesses. These properties are generally located near population centres, transport corridors, ports and other infrastructure. The offering ranges from conventional industrial buildings to large logistics campuses designed for high-volume storage, fulfilment and distribution operations.

• Industrial real estate

  Large-scale logistics infrastructure

  The group develops substantial logistics facilities and business-space projects for customers with complex supply-chain requirements. Such assets can support regional distribution, e-commerce fulfilment, manufacturing support and transport operations. Goodman’s integrated ownership and development model allows it to create new facilities while retaining or managing interests in completed properties.

• Commercial real estate

  Business and office parks

  Goodman’s property activities include business and office parks alongside its industrial and logistics assets. These properties provide space for businesses requiring operational, office and light-industrial functions in planned commercial locations. They form part of the broader property portfolio rather than representing a consumer-facing branded product line.

• Digital infrastructure

  Data-centre infrastructure

  Data-centre-related development has become a major component of Goodman’s development pipeline. The group focuses on the real-estate and infrastructure requirements of large digital facilities, including suitable land, power availability and access to major metropolitan markets. As of 30 June 2025, data centres represented 57% of reported development work in progress.

• 2025

  Expanded emphasis on data-centre developmentStrategy

  Background

  By 30 June 2025, demand for digital infrastructure had made data centres a major component of Goodman’s development pipeline. The group also reported a 5.0-gigawatt power bank across 13 major global cities.

  Action taken

  Goodman directed a substantial share of development capacity toward data-centre projects and associated power-enabled infrastructure.

  Aftermath

  Data centres represented 57% of the group’s A$12.9 billion development work in progress at the reporting date.

  Development work in progress allocated to data centres. 57% of A$12.9 billion development work in progress (As of 30 June 2025)

  Source

1. 1Goodman Groupen.wikipedia.org
2. 2Goodman Group official websitegoodman.com