Goodman Group Shares Slip 2.5% After Brickworks A$2.65 Billion Deal
Goodman Group shares look to start Monday lower after dropping on Friday. Traders are watching a major industrial real estate buy and eyeing how Goodman will handle funding and leasing as its data-center plans keep growing. Goodman shares fell A$0.81 on Friday, wiping out much of their gains from earlier in the week. The stock ended two cents under where it closed on June 12. Weekly moves stayed muted, but there is still uncertainty about Goodman’s ability to keep picking up prime industrial sites as it commits billions to new projects—some of which haven’t locked in customer contracts yet.