BUZZ-Australia's Goodman Group's latest Hong Kong data centre partnership inline with Citi's expectation

Reuters

2025/07/07

BUZZ-Australia's Goodman Group's latest <a href="https://laohu8.com/S/HKRHF">Hong Kong</a> data centre partnership inline with Citi's expectation

** Citi says Goodman Group's GMG.AX $2.7 billion Hong Kong

data centre partnership inline with brokerage's expectation of growth in company's data center pipeline

** Brokerage expects company to secure more capital partnerships for its 5GW (gigawatts) pipeline given its strong reputation in project delivery, strategically located data centre pipeline, others

** 10 of 11 analysts rate the stock "buy" or higher and one "hold"; their median PT is A$38.77 – LSEG data

** Stock's YTD losses at 1.7%

(Reporting by Anjali Singh in Bengaluru; Editing by Lisa Shumaker)

((anjali.singh2@thomsonreuters.com))

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