GIC Mulls Investment in Goodman Group’s Data Centre Assets

Singapore’s sovereign wealth fund, GIC, is engaged in early-stage discussions to invest in data centre assets owned by Australia’s leading property firm, Goodman Group, according to a report in the Australian Financial Review. While details remain confidential, sources indicate the talks are preliminary and no agreement has been reached to date. Spokespersons for both GIC and Goodman have declined to comment further.The Edge Malaysia

Goodman, valued at around A$69 billion, has been aggressively expanding its digital infrastructure footprint. Earlier this year, the group raised A$4 billion to fund its global data centre rollout, targeting major cities such as Sydney, Los Angeles, Tokyo, and Melbourne.The Australian This push reflects a strategic shift toward capitalising on surging demand for AI, cloud services, and automation.The AustralianReuters