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Goodman promises 9pc earnings lift despite data centre challenges

The Australian Financial Review (AFR) •
November 04, 2026 • 12:19 AM
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Australia’s biggest property company says its switch into more date centre development can deliver earnings growth despite headwinds in the sector.

Goodman promises 9pc earnings lift despite data centre challenges

Australia’s biggest property company, Goodman Group, says it can deliver 9 per cent earnings growth this financial year despite community opposition and site constraints complicating its aggressive push into data centres.

Goodman also announced a 30¢-a-share distribution target on Wednesday – in line with the previous year’s payout – while acknowledging scarcity of sites, power availability and increasingly complex planning requirements were making the development of new data centres trickier.

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