The Trend Is Your Friend; Goodman’s FVE Raised to AUD 8.20
Site visits to a series of Goodman Group assets in Hong Kong and Shanghai have highlighted to us how strategically important industrial facilities can be to operators in competitive industries. The rotation of the portfolio up the quality curve by annually selling the circa 5% of assets with the weakest rental outlook is behind the small upgrade to our medium-term rent growth expectations. Increased visibility on the large and high-value facilities being developed in Asia and the establishment o...Goodman Group is engaged in owning, developing and managing industrial property and business space in primary markets around the world. The principal activities of Co. are investment in directly and indirectly held industrial property, property services, property development (including development management) and investment management. The principal markets in which Co. operates in are Australia and New Zealand, Asia, Continental Europe, the U.K. and the Americas.
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