Goodman Group

Goodman Group is an Australian integrated commercial and industrial property group that owns, develops and manages real estate. This includes warehouses, large scale logistics facilities, business and office parks globally.

Goodman Group
IndustryCommercial property
Founded1989; 32 years ago (1989)
FounderGregory Goodman [1]
Area served
Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil
Key people
Gregory Goodman (Group CEO)
Anthony Rozic (Deputy CEO)
Nick Vrondas (Group CFO)
Nick Kurtis (Group Head of Equities)
RevenueIncrease A$1,510,900,000 at 2020-06-30[2]
Increase A$1,060,200,000 2020-06-30[2]
Total assetsIncrease A$16,138,200,000 at 2020-06-30[2]
Total equityIncrease A$11,520,600,000 at 2020-06-30[2]
Number of employees
1,000 at 2020-06-30[2]

The organisation was founded in 1989 as a private property trust focused on industrial properties, listing on the Australian Securities Exchange (ASX) in 1995 as Goodman Hardie Industrial Property Trust with eight properties valued at A$75 million. In 2000 the trust merged with Macquarie Industrial Trust and was renamed Macquarie Goodman Industrial Trust.[3]

The organisation changed its name to Macquarie Goodman Group in 2005 following a series of acquisitions and mergers, which made it the largest industrial property group in the ASX All Ordinaries Index.[4]

In July 2007, the organisation was renamed to its present name, after Macquarie Bank sold its 7.7% interest almost a year earlier.[5] Goodman is now one of the largest providers of industrial property and business space in the world, following the expansion of its operations into Europe, Asia and the Americas through a series of acquisitions and organic growth.[6][7]

As of 30 June 2020, the Group had 392 properties under management in 17 countries and 19.3 million sqm under management.[8] It had market capitalisation of A$27.2 billion.[9]

The Group delivered operating profit of $1,060.2 million as of 30 June 2020, up 12.5% on FY19, and operating earnings per security (EPS) of 57.5 cents, up 11.4% on FY19. It is split into three divisions: property portfolio, development and funds management.[10]

On 30 June 2020, Goodman Group reported A$51.6 billion Assets Under Management, with A$6.5 billion in development work in progress.[11]

See alsoEdit


  1. ^ "Philanthropist, arts patron, businessman Sir Pat Goodman dies". Retrieved 15 June 2019.
  2. ^ a b c d e "Appendix 4E Full Year Accounts" (PDF). Goodman Group. Retrieved 13 August 2020.
  3. ^ "Corporate history". Goodman Limited. Retrieved 25 January 2015.
  4. ^ "Goodman upgrades guidance". The Australian Financial Review. 11 June 2014. Retrieved 25 January 2015.
  5. ^ "MGQ Annual General Meeting" (PDF). Goodman Limited. 16 November 2006. Retrieved 25 January 2015.
  6. ^ "Corporate history". Goodman Limited. Retrieved 25 January 2015.
  7. ^ "Goodman's global presence". Goodman Limited. Retrieved 25 January 2015.
  8. ^ "Key Facts". Goodman Group. 31 August 2020. Retrieved 31 August 2020.
  9. ^ "Appendix 4E – Full Year Accounts" (PDF). Goodman Group. 13 August 2020. Retrieved 13 August 2020.
  10. ^ Goodman Group (13 August 2020). "Goodman delivers strong FY20 result with operating profit up 12.5% to $1.06 billion". Retrieved 13 August 2020.
  11. ^ "Key facts". 13 August 2020. Retrieved 13 August 2020.

External linksEdit