Business
Goodman Group goes up in more ways than one – The Australian Financial Review
The online sales boom drove demand for Goodman Group’s warehouses last year. But changing consumer trends will create a five-year boom.
Perhaps the most interesting increase announced on Friday was the sharp rise in work in progress that is, new properties it is building which hit $8.4 billion, up from $4.1 billion a year earlier. Over the course of calendar 2020, Goodman started 47 development projects worth $6.3 billion and completed another 45 developments.
But its not just the development pipeline thats going up. The buildings themselves are too.
Greg Goodmans early observations of consumer trends in a post-pandemic world suggest…
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