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Goodman to raise A$4.4b for data centre expansion

The company also rebounded from a loss to post A$799m in interim profits.

Goodman is expanding aggressively into data centres, with a portfolio spanning Australasia, the US, the UK and Asia.

Key points
  • Operating ebit: Up 3% to A$1.27b
  • Profit: A$799.8m, reversing a loss for the previous half
  • Key takeaway: Goodman is in a trading halt as it undertakes what is the biggest equity raising so far this year on the ASX.

NBR Lister Greg Goodman’s ASX-listed company is raising up to A$4.4b ($4.9b) to fund its ongoing transformation from property logistics into data centres.

In an announcement to the ASX today, Goodman Group announced it would issue 119.2 million new shares at A$33.50 each, a 6.9% discount to the

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Lachlan Colquhoun Wed, 19 Feb 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • Operating ebit: Up 3% to A$1.27b
  • Profit: A$799.8m, reversing a loss for the previous half
  • Key takeaway: Goodman is in a trading halt as it undertakes what is the biggest equity raising so far this year on the ASX.
Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Goodman to raise A$4.4b for data centre expansion
Investment,
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