BRIEF-Goodman Group Expects To Commence Development Of New Data Centre Projects In FY26

Reuters
Nov 05
BRIEF-Goodman Group Expects To Commence Development Of New Data Centre Projects In FY26

Nov 5 (Reuters) - Goodman Group GMG.AX:

  • FY26 OPERATIONAL UPDATE

  • EXPECT DEVELOPMENT ACTIVITY WILL BE WEIGHTED TO 2H FY26

  • AS AT SEPT END 4.2% LIKE-FOR-LIKE ANNUAL NET PROPERTY INCOME (NPI) GROWTH ON PROPERTIES

  • DEVELOPMENT ACTIVITIES ARE FORECAST TO INCREASE SIGNIFICANTLY THROUGH TO JUNE 2026

  • EXPECTS TO COMMENCE THE DEVELOPMENT OF NEW DATA CENTRE PROJECTS IN FY26

  • INCREASED DEVELOPMENT CAPEX EXPECTED THROUGH REST OF FY26

Further company coverage: GMG.AX

((Reuters.Briefs@thomsonreuters.com;))

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