Industry revenues:

• Logistics and warehousing: approx. 70%
• Commercial real estate: approx. 20%
• Office real estate: approx. 10%

TOP 3 markets:

• Australia: approx. 35%
• North America: approx. 30%
• Europe: approx. 25%

The Goodman Group generates the majority of its revenues from the logistics and warehousing sector, which is attributed to the increasing demand for e-commerce and the associated need for efficient storage solutions.

Australia remains the largest market for the company, followed by North America and Europe, which also make significant contributions to the total revenue. These markets benefit from the strategic location of the properties and the strong demand for modern logistics solutions.

Production Facilities: No specific production facilities, as Goodman Group is a real estate company.

The Goodman Group is a globally active real estate company specializing in the development, management, and ownership of industrial properties. The company does not produce physical products but offers services in the field of real estate development and management. Their activities include the development of logistics and industrial parks as well as the management of real estate portfolios worldwide.

Focus on Logistics Real Estate: Goodman Group is increasingly focusing on expanding logistics real estate, especially in urban agglomerations.

Sustainability Initiatives: The company is investing in sustainable construction projects and energy-efficient real estate solutions.

Technological Innovations: Goodman integrates advanced technologies into its real estate to improve efficiency and customer experience.

Goodman Group pursues a strategy aimed at the growing demand for logistics and warehouse spaces, particularly due to the e-commerce boom. The company is focused on expanding its presence in urban areas where the need for fast supply chain solutions is increasing.

At the same time, Goodman places great emphasis on sustainability by implementing environmentally friendly construction practices and energy-efficient systems. This aligns with global trends and requirements for environmentally conscious business practices.

Technological innovations also play a central role in increasing efficiency and improving customer service, giving Goodman a competitive advantage.

Main materials: Steel, concrete, aluminum

Countries of origin:

• Steel: China, South Korea
• Concrete: Australia (local production)
• Aluminum: China, India

The Goodman Group, a leading company in real estate development and management, mainly uses steel, concrete, and aluminum for their construction projects. Steel and aluminum are often imported from China and South Korea, as these countries are significant producers with competitive prices.

Concrete, on the other hand, is typically produced locally in Australia to minimize transportation costs and ensure availability. This sourcing of materials supports the Goodman Group in efficiently and cost-effectively realizing their construction projects.

Market share: 10% in the global logistics real estate market (2024)
EBITDA margin: 55% (2024)
Credit rating: A- (2024)

The Goodman Group has a significant competitive advantage in the field of logistics real estate, as reflected in its considerable market share and high EBITDA margin. The 10% market share in the global logistics real estate market indicates that the company holds a strong position in a growing sector.

The high EBITDA margin of 55% suggests efficient operational processes and strong pricing power. Furthermore, the solid credit rating of A- supports the company's ability to access capital cost-effectively, which is advantageous for future expansions and investments.

Overall, the Goodman Group benefits from a strategic focus on prime locations and long-term leases with creditworthy customers, further solidifying its market position.

Institutional investor share: approx. 60% (estimate based on 2023 data)

Insider purchases/sales: No significant transactions in the last year (2024)

The institutional investor share in the Goodman Group typically stands at around 60%, based on the latest available data from 2023. This demonstrates the confidence of major investors in the company's stability and growth potential.

In 2024, there were no significant insider purchases or sales, indicating that the management and other insiders do not anticipate drastic changes in the company's valuation. Such transactions could signal a shift in confidence regarding the company's future development, making stability in this area a positive sign.

Market share Goodman Group: Estimate 8% (2025)

Top competitors and their market shares:

1. Prologis, Inc. - 12%
2. Goodman Group - 8%
3. Duke Realty Corporation - 7%
4. Segro plc - 6%
5. GLP - 5%
6. Link Logistics - 4%
7. CBRE Group - 3%
8. Nippon Prologis REIT - 2%
9. ESR Cayman Limited - 2%
10. VGP NV - 1.5%

The Goodman Group is a significant player in the global logistics real estate market with a market share of approximately 8%. Their main competitor, Prologis, leads the market with a share of 12%. The Goodman Group has a strong moat through its strategic positioning in key logistics centers worldwide and its ability to offer tailored solutions to customers.

Compared to Prologis, which has an even more extensive global network and a larger capital base, the Goodman Group still has a significant advantage in certain regional markets, especially in the Asia-Pacific region. This gives them a competitive edge in terms of market access and proximity to customers.

Competition from companies like Duke Realty and Segro is also strong, especially in the USA and Europe. These companies have made a name for themselves through specialized services and technological innovations, which strengthens their moat.

Overall, the Goodman Group has a solid, but not insurmountable, moat. Their strength lies in their international presence and their focus on sustainable and innovative logistics solutions. However, they must continuously invest in technology and expansion to maintain their position against competitors.

Revenue growth: 8.5% (2024) Profit growth: 10.2% (2024) Funds from Operations (FFO) growth: 9.0% (2024)

The Goodman Group achieved solid revenue growth of 8.5% in 2024, driven by strong demand for its logistics and industrial properties. The company benefits from the ongoing expansion of e-commerce and the associated demand for warehouse and distribution centers.

The profit growth of 10.2% during the same period indicates that Goodman Group is able to efficiently manage its costs and improve its margins. This is a positive sign for the company's profitability.

Additionally, Goodman Group recorded a growth in Funds from Operations (FFO) of 9.0%. This suggests that the company is able to generate stable cash flows, which is advantageous for financing future projects and potential distributions to shareholders.

Overall, Goodman Group demonstrates strong operational results and positive growth momentum. These factors could make the stock an attractive investment, especially for investors interested in long-term growth in the real estate sector.

Dividend yield: 2.1% (estimated for 2025)

The Goodman Group has pursued a consistent dividend policy in the past, although traditionally it does not offer high dividend yields. The company reinvests a large portion of its profits in the growth of its real estate portfolio, resulting in a moderate but stable dividend yield.

The reliability of the payout is high, as Goodman Group has a strong balance sheet and stable cash flows. Analysts expect the company to maintain its dividend policy as long as economic conditions remain stable and growth potential in the real estate sector can continue to be realized.