Australia's Goodman Group rises on $2.7 billion HK Data Centre Partnership

Goodman

04/07/2025 01:56

** Shares of Goodman Group GMG.AX rise as much as 1.6% to A$35.28, their highest level since February 18

** The property developer establishes a $2.7 billion Goodman Hong Kong Data Centre Partnership (GHKDC)

** GHKDC is the only private institutional investment platform focused solely on Hong Kong's data centre market, co says

** Stock down 2.6% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))