Goodman Group is accelerating its global data centre buildout, forecasting development work in progress (WIP) to exceed AUD 17.5 billion by June 2026, underpinned by approximately 500 MW of active projects across key metropolitan markets. Data centres now represent 68% of Goodman’s AUD 12.4 billion current WIP, with activity spanning Australia, Japan, Hong Kong, Europe and North America. The Group’s global power bank has expanded to 5 GW across 13 cities, including 3.4 GW secured and 1.6 GW in advanced procurement.
Among the flagship developments projected to commence in FY26 are PAR02 in Paris (200 MW), TYO05 in Tokyo (1,000 MW campus), LAX01 in Los Angeles (~150 MW), and SYD01 in Sydney (90 MW). Each is located in power-constrained, tier-one markets and backed by secured grid connections. Goodman expects these projects to contribute to an estimated AUD 13 billion end value at full ownership.
“Our metropolitan locations are central to serving cloud and AI infrastructure demand,” said Group CEO Greg Goodman. “By commencing construction early and securing power in supply-constrained markets, we’re positioning to build into hyperscale demand and deliver faster for our customers.”
Around 300 Goodman employees are now focused on data centre technical design, delivery, and operations, reflecting the Group’s growing commitment to digital infrastructure. Stabilised data centre assets and leased developments already contribute around AUD 300 million in annual income, fully leased to hyperscale and colocation customers.
The Group is also raising capital for new data centre partnerships in Australia and Europe, complementing existing ventures in Japan and Hong Kong. Goodman said these initiatives will “optimise outcomes for our partners while sustaining our high-conviction, value-add strategy.”