Goodman

Goodman

Overview

About Goodman

Simplify's Rating
Why Goodman is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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Simplify Jobs

Simplify's Take

What believers are saying

  • Frankfurt, Amsterdam, Paris JVs secure Europe's data center boom with $9.4B JV.
  • Mercado Livre lease in São Paulo accelerates urban logistics and last-mile e-commerce dominance.
  • Newark brewery redevelopment unlocks 86-acre industrial site in high-demand logistics corridor near Port Newark.

What critics are saying

  • Power scarcity delays 32MW Vernon and SYD 01 projects with 35–50% probability in 9–15 months.
  • $2.6B capital raise risks ROI erosion if AI demand slows post-2027 amid uncertain lease absorption.
  • Newark zoning and environmental delays face 30–45% probability in 6–12 months due to community opposition.

What makes Goodman unique

  • Goodman leads with 6.4GW global power bank enabling scalable data center growth.
  • 300MW to 500MW under-construction data center pipeline dominates 73% of $14.5B work-in-progress.
  • Strategic JV with DataBank delivers 32MW Vernon data center in supply-constrained Los Angeles market.

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Company News

Goodman Global
Jun 14th, 2026
Goodman to deliver major distribution facility for Asahi Beverages at Redbank Motorway Estate

Goodman to deliver major distribution facility for Asahi Beverages at Redbank Motorway Estate. 14/06/2026 Asahi Beverages customers will gain more efficient access to the company's full beverages range with a new distribution facility to be developed by Goodman at Redbank Motorway Estate. The 48,500 sqm facility will support Asahi's supply chain transformation, using advanced technology including a high-speed shuttle system and sophisticated robotics to help distribute from one of south-east Queensland's key logistics precincts. The precinct, owned, developed and managed by Goodman provides direct access to key freight routes and supports efficient distribution across the region, the rest of Queensland and beyond. Adrian Benson, Chief Supply Chain Officer, Asahi Beverages, said "More than 97% of the beverages Goodman Group sell in Australia are made by Goodman Group in Australia and the investment in the new Redbank distribution centre further highlights its long-term commitment to Queensland. "The development will help Asahi simplify our warehousing and distribution network along Australia's east coast while delivering sustainability benefits via more efficient distribution routes. The investment means more customers can receive our full range of alcohol and non-alcohol beverages more efficiently with one order, one payment and delivery on one truck. The new distribution centre will not affect any of Asahi's manufacturing operations." Jason Little, CEO Australia, Goodman, said "We're pleased to welcome Asahi as a new, long-term customer to Redbank Motorway Estate. This site offers outstanding automation and logistics connectivity, providing the essential infrastructure needed to support Asahi's growth and service across Queensland." Councillor Teresa Harding, Mayor of Ipswich, said "Ipswich is Queensland's fastest-growing city, with Redbank Motorway Estate playing a key part in our role as a major logistics and employment centre. Council worked closely with Goodman and Asahi Beverages to assess and approve this development, which will bring new investment and job creation for our region. With more than 2,500 jobs already created across the estate, this project strengthens Ipswich as a destination of choice for the industrial and logistics sector in south-east Queensland." The facility is targeting a 5 Star Green Star rating and will feature sustainability initiatives including 1MW of solar, native landscaping and 50,000L of rainwater collection tanks for reuse in irrigation and amenities. Following the build, a 12-month automation fit-out and commissioning process will take place, with Asahi's new space expected to be fully operational by 2028. It will create approximately 300 full-time jobs during construction with McNab being the appointed builder. A major logistics precinct attracting leading customers and supporting growth across south-east Queensland The Asahi project represents the next phase of growth at Redbank Motorway Estate, as Goodman continues to expand one of south-east Queensland's most significant logistics and industrial precincts. Positioned within the Brisbane-Ipswich corridor, the estate is helping support economic activity, employment and long-term investment across the region. Redbank continues to attract major domestic and international customers, with Officeworks' 77,100 sqm automated omnichannel distribution centre currently under construction, alongside facilities delivered for Australia Post, FedEx, Visy, Coles and Cosentino. Together, these customers reflect the scale, quality and strategic importance of the estate to Queensland's evolving supply chain and industrial economy.

Aurex Group
Mar 24th, 2026
Aurex Group sponsors our long-term partner Goodman for the Goodman Magic Mile Charity Run 2026.

Aurex Group sponsors our long-term partner Goodman for the Goodman Magic Mile Charity Run 2026. Published on March 23, 2026 Written by Sabrina Wong Aurex Group was proud to sponsor and actively participate in the Goodman Magic Mile Charity Run 2026, held on Sunday, 15 March at Goodman Interlink in Hong Kong. This iconic charity run, which has been going strong for over a decade, continues to make a meaningful impact by raising millions of dollars to transform lives. This year, the event supported Habitat for Humanity Hong Kong, helping to build dignified homes and stronger communities for families in need. For Aurex Group, the Magic Mile is more than just a sponsorship - it's a long-standing tradition. Having supported the cause since 2017, our team came together as one big family to celebrate teamwork, connect with friends and colleagues from the Hong Kong real estate community, and contribute to a great cause. We're especially proud of our runners who took on the challenge: Jared Lowe, Elaine Chua, Fourie Smuts, Oliver Li, Ben Watt, Katie Ng, Sabrina Wong, Abby Weizer, Kelly Tam, Joanna Chan, and Owen Montgomery. Thank you to our long-term partner Goodman for organising another successful event, and to everyone who cheered, ran, and supported the day. Together, we made a positive difference! See you all next year! Published on March 23, 2026 Written by Sabrina Wong Insights. By Aurex Group Real Estate & infrastructure. Aurex Insights Real Estate

Bouygues Construction
Mar 12th, 2026
Bouygues Construction awarded contract for new urban data centre in Australia

Bouygues Construction awarded contract for new urban data centre in Australia. 12-03-2026 Through its Australian subsidiary, AW Edwards, Bouygues Construction has secured a contract[1] to build the Goodman SYD 01 data centre in Artarmon, on Sydney's North Shore. [1] This contract was recorded in the order book in the fourth quarter of 2025. This contract marks the first collaboration between AW Edwards and Goodman. This project is set to support the growing demand for data storage, cloud applications and AI-related infrastructure in the Sydney area. A vertical data centre in a dense urban environment The Goodman SYD 01 will be located in the immediate vicinity of the city centre and will feature a distinctive vertical design. With a total floor area of 60,320 m^2, the building will be seven storeys high, including five floors dedicated to date halls and other technical facilities. There will also be administrative and service areas. The design, by architectural firm HDR, will feature a prefabricated ribbed panel facade, a glass curtain wall and aluminium cladding. Building a vertical data centre on a restricted urban site requires exceptionally rigorous planning in terms of logistics and operations, ensuring that deadlines are met and that the work is carried out safely. Strict risk management is also essential for maintaining service continuity and ensuring site security. Innovation and safety As part of a commitment to operational innovation and enhanced safety, the teams will adopt Auto Loto, a digital energy management system designed to control and secure shutdown and restart procedures for technical equipment. The tool helps improve traceability of work activities and reduces the risks associated with restoring power in a highly technical environment. Philippe Jouy, Deputy CEO of Bouygues Construction with responsibility for Bouygues Bâtiment International, said: "This data centre showcases Bouygues Bâtiment International's expertise in building large-scale infrastructure to support the digital transformation and the needs of users in Australia." Early site works began in December 2025, with the first phase scheduled to be ready for service in Q2, 2028. Up to 450 people will be working on the site during peak periods. Bouygues Construction has expertise in developing infrastructure essential to the digital economy. Bouygues Construction support the development, design, construction and fit-out of secure and resilient data centres around the world, including in France, the United Kingdom, in Australia (AirTrunk SYD1, Kemps Creek), and the Philippines (Vitro Santa Rosa). En images. Download all images (1) Press contact. 17-12-2025 13-11-2025 10-11-2025

Goodman Global
Mar 10th, 2026
Mercardo Livre leases Goodman's Avenida dos Estados distribution centre

Mercardo Livre leases Goodman's Avenida dos Estados distribution centre. Mercardo Livre leases Goodmans Avenida dos Estados distribution center 10/03/2026 Goodman (ASX: GMG), a global group that provides essential infrastructure, announces it has leased the remaining 90% of its Avenida dos Estados distribution centre in Santo André, to Mercado Livre. Its strategic location, close to major avenues and highways, reduces operational distances and enables more predictable delivery times. The newly inaugurated development now integrates the e-commerce company's urban logistics network, reinforcing its strategy of proximity to the end consumer and expanding service capacity in the Greater São Paulo region. Designed for high-performance operations, Goodman Avenida dos Estados features infrastructure focused on last-mile logistics, with access for light and heavy vehicles, cross-docking areas, elevated loading docks, a large manoeuvring area, and 24-hour security and monitoring systems. "Fully leased, shortly after inauguration, demonstrates the demand for high-quality urban distribution centres and confirms the strategic importance of the ABC Paulista region within the national logistics network," highlights Danny Peeters, CEO at Goodman Brazil. Goodman Avenida dos Estados was developed to accommodate operations with intense merchandise flow, with a layout designed to handle seasonal e-commerce peaks such as Black Friday, Christmas, and other retail-driven dates. The warehouse also includes energy-efficiency solutions, natural lighting, and infrastructure prepared for automated technologies, meeting operational and environmental requirements in the logistics sector now and in the future. The project achieved LEED Platinum certification, the highest level of the LEED (Leadership in Energy and Environmental Design) system, endorsed by the US Green Building Council, a non-government organisation that developed the certification. The recognition reinforces Goodman's commitment to the constant pursuit of high-quality solutions while prioritising sustainability and efficiency. "The arrival of the e-commerce operation in the site represents an important step forward in urban logistics transformation. Proximity to the end consumer is now a decisive factor for the competitiveness of major players, and this development was conceived precisely to support this growing demand," notes Danny Peeters. Goodman's Avenida dos Estados distribution centre will help reduce the time between order and delivery, enabling shorter routes and a higher frequency of daily dispatches, allowing shipments to reach their destinations quickly, improving the consumer experience, especially for same-day or next-day deliveries. With the space fully occupied, the operation is expected to generate direct and indirect jobs and boost the local economy. The presence of a large-scale logistics structure tends to stimulate surrounding services, such as transportation, maintenance, food services, and technology.

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