ASX:GMGIndustrial REITs
Goodman Group (ASX:GMG) Is Up 6.1% After New Los Angeles Data Center JV Announcement - Has The Bull Case Changed?
DataBank and Goodman Group have formed a joint venture to develop a 32MW data center in Vernon, Los Angeles, with phased capacity coming online from December 2026 through September 2027 to serve strong cloud, AI, and enterprise demand in a supply-constrained market.
This partnership highlights Goodman’s role in securing scarce powered land and delivering large-scale digital infrastructure, while setting a framework for additional data center developments in other capacity-constrained U.S...