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Data centres power Goodman growth

The asset class comprises 57% of the company's work in progress.

Goodman is on target to have 0.5GW of data centre development underway next year.

Key points
  • Statutory profit: A$1.67b, after an A$98m loss in 2024.
  • Operating profit: 16.5% higher at A$2.31b.
  • Key takeaway: Company is betting big on data centres, which comprise 57% of work in progress. 

ASX-listed Goodman Group has rebounded to post an A$1.67 billion ($1.84b) statutory profit for the 2025 year, shrugging off the portfolio re-evaluation which saw the company report a loss last year.

The statutory result followed the 2024 loss of A$98m, while 2025 operating profit, which did not

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Lachlan Colquhoun Thu, 21 Aug 2025
Contact the Writer: lachlan@nbr.co.nz
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Key points
  • Statutory profit: A$1.67b, after an A$98m loss in 2024.
  • Operating profit: 16.5% higher at A$2.31b.
  • Key takeaway: Company is betting big on data centres, which comprise 57% of work in progress. 
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Data centres power Goodman growth
Investment,
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