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Group CEO Greg Goodman spoke to Larry Schlesinger from the The Australian Financial Review following our FY24 Full Year Results yesterday. “Demand for data centres is next level,” Mr Goodman said. “Over the next five years, global demand expected to be double from what is in now.” High barriers to entry, significant capital resources needed to fund projects, and the expertise needed to navigate planning regimes and energy challenges have put groups like Goodman with their global network of sites and investment partners in prime position to capitalise on the demand. “We have a pretty formidable powerbank in big cities” Mr Goodman said. Goodman’s increased focus on bigger infrastructure-like projects and data centre opportunities came as it beat its already twice-upgraded full-year earning guidance after reporting operating earnings per security of 107.5¢, up 14 per cent on last year.”

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