Amazon

May 25, 2026, 8:59 PM EDT. Goodman Group (ASX: GMG) shares fell over 5% to $28.73 following its third-quarter update. Despite strong progress in its data centre program and a stable $87.1 billion property portfolio with 95.7% occupancy, investors sold shares possibly due to mixed rental growth signals and market dynamics, particularly in China where rents declined but fundamentals stabilized. CEO Greg Goodman confirmed the firm is on track to meet its 9% operating earnings per share (EPS) growth target for FY26, citing a strategic focus on infrastructure-scale industrial and data centre assets in high-demand metro markets powered by cloud and AI expansion. Supply constraints and secured power underpin growth prospects amid rising hyperscale capital expenditure.