Australia’s biggest property company, Goodman Group, is ramping up its data centre portfolio to more than half of its $13.7-billion workbook—and it’s not done yet. 

The nation’s biggest property investor signposted the move in 2024, acknowledging the real estate empire was evolving, fuelled by growing demand for cloud computing and AI. 

Goodman announced its meaningful expansion into the Hong Kong data centre market last week with the establishment of the Goodman Hong Kong Data Centre Partnership, a $4.1-billion data centre dedicated investment vehicle.