• Development pipeline remains primary source of value creation and portfolio growth
• Work in progress (WIP) expected to reach ~$18 billion by June 2026
• Underlying property fundamentals remain stable with low vacancy and rental growth
• Goodman's data centre program continues to advance with significant secured power
• Strong customer demand and strategic partnerships bolster future growth prospects

Goodman Group's Q3 FY26 Operational Update emphasizes the company's strategic focus on its development pipeline, which remains the primary driver of value creation and portfolio growth. The Group's work in progress (WIP) is expected to reach approximately $18 billion by June 2026, reflecting its commitment to delivering large-scale, flexible properties aligned with evolving customer needs. Property fundamentals remain stable, supported by low vacancy rates, rental growth, and limited new supply across key markets. The data centre program continues to advance, with the global power bank increasing to 6.4 GW, including 3.6 GW of secured power. Strategic partnerships and joint ventures are in place to fund significant programs, ensuring the Group is well-positioned to meet future demand. Equity and debt initiatives over the past nine months have further strengthened the Group's financial position, with over $12 billion raised.

Work in progress (WIP) expected to reach ~$18 billion by June 2026

Goodman Group anticipates continued growth in its development pipeline, with a focus on delivering large-scale, flexible properties to meet evolving customer needs. The data centre program is expected to advance, supported by strategic partnerships and joint ventures.