Goodman Property benefitting from demand for warehousing
Existing facilities are at capacity and it is investing $635m in new sites as customers seek more space.
Goodman Property’s half-year result is down on the year before.
Listed industrial property group Goodman Property Trust has reported a 92% drop in net profit for the first half of its 2023 year, thanks to a big upwards revaluation of its portfolio at the same time last year.
But a 7.4% lift in cash earnings to $49 million for the half demonstrated a resilient
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