Live China, EU retaliate as Trump's massive tariffs kick in across the world. See the latest. OTC Markets OTCPK - Delayed Quote • USD Goodman Group (GMGSF) Follow Compare 15.13 0.00 (0.00%) As of April 8 at 4:00:00 PM EDT. Market Open. All News Press Releases SEC Filings Goodman Group (GMGSF) (H1 2025) Earnings Call Highlights: Strong Financial Performance Amid ... Goodman Group (GMGSF) reports robust growth and a $4 billion capital raise to fuel data center expansion, despite some challenges in development earnings and FX impacts. Australia's Goodman Group raising $2.54 billion to fund data centre growth SYDNEY (Reuters) -Australian property and logistics company Goodman Group said on Wednesday it is raising A$4 billion ($2.54 billion) in a share placement to fund its data centre business growth plans. The deal is the largest capital raising in Australia in more than three years since CSL raised A$6.3 billion in December 2021, according to Dealogic data. The price is a 6.9% discount to Goodman's closing price of A$35.98 on Tuesday. Goodman Group shines among Australian property firms on data-centre push Goodman Group's stock has been on a hot streak this year, shining bright among its Australian real-estate peers as the artificial intelligence boom has driven a frenzied demand for data centres. Global "hyperscalers", or large-scale cloud service providers, such as Amazon, Microsoft and Meta, have been spending billions on data centres to cater to growing demand for AI services. Australia's data-centre market, though nascent, saw outsized investment this year with Blackstone buying AirTrunk for A$24 billion ($14.91 billion) in September and developer NEXTDC raising nearly A$4.6 billion in equity and debt. Australia's Goodman Group plunges after report of $1.2 billion stock sell-down Goodman was the top loser on the ASX 200 benchmark index, which was last trading down 0.5%. As per the report in The Australian earlier on Wednesday, CIC offloaded 2.6% or 50.4 million shares in Goodman Group. According to LSEG data, CIC owned about 7.84% stake in Goodman Group as of July 31, 2024. Registrations now open for the 10th Goodman Magic Mile Charity Run raising funds to support Habitat for Humanity Hong Kong On Sunday, 9 March 2025, the Goodman Magic Mile Charity Run will celebrate its 10th anniversary where it all began, at the iconic ramp in Goodman Interlink, Tsing Yi. Neri Oxman launches OXMAN, a revolutionary practice transforming design generation, manufacturing, and construction for the simultaneous benefit of humans and the natural environment Neri Oxman has announced the launch of OXMAN, a design lab whose mission is to create and deliver nature-centric products and environments to its clients and the natural world. Bringing together computational design, robotics, materials science, green chemistry, biology, and ecosystem engineering, OXMAN's work reinvents the industrial systems that dictate how we design and produce everyday things—from the foods we eat and the clothes we wear to the buildings we inhabit. 3 Stocks Possibly Trading Below Their Intrinsic Value By Up To 45.1% As global markets celebrate the prospect of impending interest rate cuts, with major indices like the Dow Jones Industrial Average and S&P 500 moving toward record highs, investors are increasingly looking for opportunities to capitalize on undervalued stocks. In this environment, identifying stocks that may be trading below their intrinsic value can offer a strategic advantage. ASX's August 2024 Top Stock Picks Estimated To Be Trading Below Fair Value The Australian market has climbed 1.2% in the last 7 days and is up 9.8% over the last 12 months, with earnings forecast to grow by 13% annually. In this favorable environment, identifying undervalued stocks can provide significant opportunities for investors looking to capitalize on potential growth while minimizing risk. ASX Stocks Estimated To Be Below Value In June 2024 Amidst fluctuations in the ASX200 and sector-specific downturns, particularly in IT and Energy, investors are keenly observing market movements for potential opportunities. In such an environment, identifying undervalued stocks becomes crucial as it might offer a strategic advantage in navigating through these challenging market conditions. 20 Biggest Real Estate and Property Companies in Australia, 2024 In this article, we will be covering the biggest real estate and property companies in Australia in 2024. If you wish to skip our detailed analysis, you can move directly to the 5 Biggest Real Estate and Property Companies in Australia, 2024. Australian Real Estate: Interest Rates and Market Activity The national median home value […] Performance Overview Trailing total returns as of 4/9/2025, which may include dividends or other distributions. Benchmark is S&P/ASX 200 [XJO] (^AXJO) Return GMGSF S&P/ASX 200 [XJO] (^AXJO) YTD -33.21% -9.61% 1-Year -28.89% -5.74% 3-Year -2.30% -1.38%