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AAP
AAP
Business
Prashant Mehra

Goodman lifts profit amid strong demand

Goodman Group says demand for industrial space is currently exceeding supply. (Dean Lewins/AAP PHOTOS) (AAP)

Industrial property giant Goodman Group has lifted its full-year operating profit by 25 per cent to $1.53 billion, expanding assets under management and benefiting from rising rents.

It reported earnings per security of 81.3 cents, a 24 per cent increase from a year ago, and ahead of its upgraded guidance for 23 per cent growth.

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