Skip to Content

Goodman Group GMG Stock Quote

| Rating as of

XASX:GMG

Morningstar‘s Stock Analysis GMG

Valuation
Currency in AUD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Goodman Group Is Doing a Good Job of Locking in Upside and Mitigating Downside Risk

Alexander Prineas Equity Analyst

Business Strategy and Outlook

| Alexander Prineas |

Goodman Group is one of the world’s premier developers and managers of industrial property projects and investments. The group was cofounded in Australia by Gregory Goodman who remains CEO, and now has projects and customers in Asia, Europe, and the Americas.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics GMG

Company Profile GMG

Business Description

Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

Contact
1-11 Hayes Road, The Hayesbery
Sydney, NSW, 2018, Australia
T +61 292307400
Industry REIT - Diversified
Most Recent Earnings
Fiscal Year End Jun 30, 2023
Employees 1,240

Related News GMG