Goodman Group (ASX:GMG)
A$ 35.7 0.36 (1.02%) Market Cap: 68.24 Bil Enterprise Value: 70.18 Bil PE Ratio: 0 PB Ratio: 3.86 GF Score: 83/100

Q3 2021 Goodman Group Operations Update Call Transcript

May 06, 2021 / 11:00PM GMT
Release Date Price: A$19.18 (-0.10%)
Operator

Good day, and thank you for standing by. Welcome to the Goodman Group Q3 FY '21 Quarterly Operational Update Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Mr. Gregory Goodman, CEO of Goodman Group. Thank you. Please go ahead.

Gregory Leith Goodman
Goodman Group - Group CEO & Director

Yes. Thank you very much. Good morning, and welcome to our quarterly operational update. I've got Nick Vrondas with me on the call.

We have produced another strong quarter as we continue to deploy capital into our growing development pipeline, particularly through multi-story projects or where we can intensify existing urban locations. This has seen our development workbook increase to $9.6 billion, which is likely to grow further by June 30.

Changing consumer habits across the physical and digital space, there's fundamentally increasing demand for our property around the world, and we believe this will continue over the

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