BUZZ-Australia's Goodman Group jumps on upbeat outlook, sales

Reuters11-06

** Shares of property developer Goodman Group rise as much as 0.9% to A$36.64

** Co confirms FY25 operating earnings per share growth of 9%

** Logs like-for-like net property income growth of 4.9%, as of Sept. 30

** Brokerage Citi says demand for data centers is increasing, and Goodman is well-positioned to capitalize on this trend

** Citi says industrial fundamentals remain stable after several years of strong growth, with supply decreasing in GMG's markets, potentially fueling future rental growth

** Stock up 44.5% YTD, including current session's moves

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com))

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