Tag: GMG
Goodman Group (ASX: GMG) Releases Half-Yearly Result
Australia’s largest listed commercial and industrial property group, Goodman Group, has today released their results for the half year ended 31 December 2022.
Read MoreMarket Murmurs: SWM, SEK, GMG
Another busy ASX trading session on Tuesday with news aplenty, and here’s the latest from Kerry Stokes’ Seven West Media, HR firm Seek Ltd and logistics giant Goodman Group.
Read MoreGoodman, Charter Hall Ride Logistics Bounce
Upgrades from Goodman Group and Charter Hall reveal that the pandemic is now delivering good times in the rebound phase for the property sector after crimping activity in 2020.
Read MoreGMG – Citi rates the stock as Buy
Citi reiterates a Buy rating. Target is $22.10.
Read MoreRevals Sweeten Honey Pot for Mirvac, Goodman
Rising global property valuations helped the annual results of majors Goodman Group and Mirvac in the year to June 30, although the news helped neither’s share price on Thursday.
Read MoreWarehousing Demand Powers Goodman Group
Global demand for industrial property is likely to support Goodman Group for the next few years, leading to robust earnings, but is there an issue with the valuation?
Read MoreGMG – UBS rates the stock as Neutral
Goodman Group delivered on high expectations, UBS observes, with FY20 growth of 11.4%. The company is guiding to 9% growth in FY21.
Read MoreGMG – UBS rates the stock as Upgrade to Buy from Neutral
UBS believes there are enough structural developments to overcome global economic uncertainty. Going forward, the company’s portfolio strategy should mean a high level of sustainable performance fees.
Read MoreGMG – Macquarie rates the stock as Outperform
Goodman Group’s investor day presentation has left the broker’s investment thesis intact. Demand remains strong globally, and data centres and cold storage are becoming increasingly important tenant categories.
Read MoreConfident Outlook For Goodman Group
Industrial property developer Goodman Group is increasingly confident in the opportunities inherent in its global land bank, reaffirming a robust outlook.
Read MoreGMG – Credit Suisse rates the stock as Outperform
Goodman Group has reaffirmed FY19 guidance of growth in operating earnings of 9.5% and distribution growth of 7%. Credit Suisse notes the update highlighted the global demand for logistics space within the proximity of consumers in urban locations.
Read MoreOffice Remains The Key Pick In A-REITs
The outlook for the A-REIT sector is relatively benign, as brokers note portfolio fundamentals are healthy and gearing is generally low.
Read MoreGoodman Group Offloads Singapore Joint Venture
Real estate developer and fund manager, Goodman Group (GMG) said today it has sold its 40% share of a joint venture management firm in Singapore and a 6.8% stake in the Singapore-listed real estate investment trust.
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