News: Goodman launching $400M capital raising

  1. lightbulb Created with Sketch. 1
    .


    Property investor Goodman Group (ASX:GMG) says its industrial property fund, Goodman Australia Industrial Fund Ltd (GAIF), will launch a capital raising for more than $400 million. 


     


    The fund has already received more than $400 million of conditional equity commitments which it expects to increase on the back of talks with new and existing investors. 


     


    The fund’s chairman Greg Goodman says this is a major opportunity to expand the funds capital base, enhance its terms, market position and investment returns.


     


    Goodman Group advises talks with investors are continuing with a view to completing the capital raising by the end of 2012. 




    Goodman Group booked a net profit of $450.5 million in the 2012 financial year.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$33.71
Change
0.250(0.75%)
Mkt cap ! $68.92B
Open High Low Value Volume
$33.35 $34.05 $33.34 $100.4M 2.976M

Buyers (Bids)

No. Vol. Price($)
1 12000 $33.71
 

Sellers (Offers)

Price($) Vol. No.
$33.78 30 1
View Market Depth
Last trade - 16.10pm 11/09/2025 (20 minute delay) ?
GMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.