BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar

Reuters

May 29, 2025

** Australia's largest-listed property developer Goodman Group GMG.AX said on Wednesday it maintained its FY25 operating EPS growth outlook of 9%

** Morningstar says co's securities are currently overvalued, driven mainly by market optimism surrounding data centres

** GMG has ~A$14 billion development pipeline, half of which is consists of data centres — Morningstar

** Investment research firm expresses concern over risks in data centre projects, highlighting the need for stringent planning, extended construction timelines, and others

** Retains fair value estimate at A$28/security

** Stock down 7.5% YTD

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2539409249"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2539409249\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2539409249?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-29 04:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2539409249","market":"nz","top_or_hot":-1,"title":"BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar</title></head><body><p>** Australia's largest-listed property developer Goodman Group <span>GMG.AX</span> <span>said</span> on Wednesday it maintained its FY25 operating EPS growth outlook of 9%</p><p>** Morningstar says co's securities are currently overvalued, driven mainly by market optimism surrounding data centres</p><p>** GMG has ~A$14 billion development pipeline, half of which is consists of data centres — Morningstar </p><p>** Investment research firm expresses concern over risks in data centre projects, highlighting the need for stringent planning, extended construction timelines, and others</p><p>** Retains fair value estimate at A$28/security</p><p>** Stock down 7.5% YTD</p><p>(Reporting by Kumar Tanishk in Bengaluru)</p><p>((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-29 04:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar</title></head><body><p>** Australia's largest-listed property developer Goodman Group <span>GMG.AX</span> <span>said</span> on Wednesday it maintained its FY25 operating EPS growth outlook of 9%</p><p>** Morningstar says co's securities are currently overvalued, driven mainly by market optimism surrounding data centres</p><p>** GMG has ~A$14 billion development pipeline, half of which is consists of data centres — Morningstar </p><p>** Investment research firm expresses concern over risks in data centre projects, highlighting the need for stringent planning, extended construction timelines, and others</p><p>** Retains fair value estimate at A$28/security</p><p>** Stock down 7.5% YTD</p><p>(Reporting by Kumar Tanishk in Bengaluru)</p><p>((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7155","symbol_name":"工业房地产信托","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nL3N3S01G0:1","article_id":"2539409249","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539409249","pubTimestamp":1748464309,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar** Australia's largest-listed property developer Goodman Group GMG.AX said on Wednesday it maintained its FY25 operating ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7155":"工业房地产信托","GMG.AU":"GOODMAN GROUP","BK7510":"REITs概念","BK7099":"工业房地产投资信托"},"translate_title":"晨星公司表示，澳大利亚古德曼集团的数据中心计划存在风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GMG.AU":0.9},"content_text":"BUZZ-Australia's Goodman Group's data centre plans pose risks, says Morningstar** Australia's largest-listed property developer Goodman Group GMG.AX said on Wednesday it maintained its FY25 operating EPS growth outlook of 9%** Morningstar says co's securities are currently overvalued, driven mainly by market optimism surrounding data centres** GMG has ~A$14 billion development pipeline, half of which is consists of data centres — Morningstar ** Investment research firm expresses concern over risks in data centre projects, highlighting the need for stringent planning, extended construction timelines, and others** Retains fair value estimate at A$28/security** Stock down 7.5% YTD(Reporting by Kumar Tanishk in Bengaluru)((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}