Sydney, June 12, 2026, 04:03 (AEST)
- Goodman Group shares last traded at A$30.83 at 16:40 on June 11, slipping 2.71% from the previous close at A$31.69.
- The S&P/ASX 200 slipped 0.23% to settle at 8,633, with the Australian market ending down.
- ASX filings out showed Danny Peeters, executive director, unloaded 600,000 GMG stapled securities for A$18.86 million.
Goodman Group shares fell Thursday, tracking a weaker Australian market. GMG slipped 2.71% to A$30.83 at 16:40, down A$0.86 from its last close at A$31.69. Shares moved between A$30.72 and A$31.73 during the day. The company’s market cap was about A$63.04 billion.
S&P/ASX 200 slipped 0.23% to 8,633 after an early drop, tracking the broader market lower. ABC reported that gains in energy stocks trimmed losses but didn’t lift the benchmark into the green.
Goodman shares moved after a new director-interest filing put insider trading back in focus. Executive director Danny Peeters sold 600,000 GMG stapled securities in an on-market trade on June 4–5, netting A$18,860,280, according to the Appendix 3Y. The document showed Peeters now has 1,905,291 GMG stapled securities and 2,085,538 GMG performance rights.
That filing came after an earlier Appendix 3Y for group CEO Greg Goodman. The earlier notice showed Goodman sold 245,525 GMG stapled securities on market June 1 for A$7,736,493. It also listed 36,923,077 GMG stapled securities Goodman held indirectly through Trison Investments Pty Limited after the transaction, and 4,374,299 GMG performance rights held directly.
The director sales didn’t lead to any change in Goodman’s operating guidance. In its latest Q3 FY26 operational update, Goodman reported a total portfolio value of A$87.1 billion and development work in progress at A$14.5 billion as of March 31. The total power bank stood at 6.4 GW. Goodman expects its work in progress to reach about A$18 billion by June 2026, with data centres making up 73% of current WIP.
Data centres are still the focus for investors watching Goodman. In its Q3 update, the company said the data-centre pipeline is moving ahead in supply-constrained metro areas, with 3.6 GW of power already secured and 2.8 GW more in advanced procurement. Goodman also reported that commercial terms with customers are well progressed in several global projects. Contracted commitments are expected over the rest of the calendar year.
Goodman CEO Greg Goodman put the focus on AI infrastructure, calling the company a “major global provider of the physical infrastructure that makes this possible.” Goodman’s Q3 update said it’s still expecting at least 9% operating EPS growth for FY26 as long as there’s no major market or other surprise. Goodman
Goodman’s industrial platform held steady in the March quarter, with portfolio occupancy at 95.7%. Annual like-for-like net property income grew 4.1%. Weighted average lease expiry was 4.9 years, and 3.3 million square metres were leased during the 12 months to March 31. That delivered A$491 million in rental income per year.
Funding remains a key challenge for Goodman as its data-centre rollout needs heavy capital. Goodman said it raised over A$12 billion in equity and debt from July through March 31, including A$9.3 billion of new debt and over A$3 billion from third-party equity. The company also noted USD1.2 billion and EUR600 million in new bonds issued with maturities of 7, 10, and 20 years.
GMG is still trading in the middle of its recent range. According to Intelligent Investor, Goodman last closed at A$30.83, 14.69% under its 52-week high of A$36.14 set on August 20, 2025, and 23.22% above its 52-week low of A$25.02 on March 23, 2026. Now investors are watching to see if Goodman can use its data-centre pipeline and power-bank position to win deals, while staying on top of the risks in building, funding and delivery.
