** Australia's largest-listed property developer Goodman Group GMG.AX said on Wednesday it maintained its FY25 operating EPS growth outlook of 9%
** Morningstar says co's securities are currently overvalued, driven mainly by market optimism surrounding data centres
** GMG has ~A$14 billion development pipeline, half of which is consists of data centres — Morningstar
** Investment research firm expresses concern over risks in data centre projects, highlighting the need for stringent planning, extended construction timelines, and others
** Retains fair value estimate at A$28/security
** Stock down 7.5% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))
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