BUZZ-Citi tips FY26 as key for Australia's Goodman with capital raising, leasing catalysts

Reuters12-02
BUZZ-Citi tips FY26 as key for Australia's Goodman with capital raising, leasing catalysts

** Citi sees FY26 as a pivotal window for Goodman Group GMG.AX, flagging capital-raising and lease-negotiation catalysts on robust investor appetite for data centres, timing of co's development pipeline, among others

** Brokerage adds, earnings from data centre landlord's projects accrue across the build cycle, with key recognition at development and leasing stages

** Says co's earnings streams span development gains from balance sheet stakes realised through the build cycle, alongside property management, others

** Stock down 16.4% YTD, as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk))

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