Goodman Group
(ASX:GMG) has announced a strong third quarter for FY17, on the back of investing and developing in quality locations, that are close to consumers.
As a result, the developer and property manager’s total assets under management grew to $34.6 billion.
Goodman Group also reported greater financial and operational flexibility through liability management.
It reaffirmed its FY2017 full year operational earnings per security of 43.1 cents, which is a 7.5 per cent rise from FY2016.
The company also leased 2.5 million square metres in the nine months to March, which equates to about $296 million of annual rental income.
Shares in Goodman Group
(ASX:GMG) are trading 0.59 per cent lower to $8.46
