Why Goodman Group is a resilient REIT
We recently reviewed Goodman Group (ASX:GMG) after the Company issued an operational update for the 3rd quarter of financial year 2020 (3Q20). This also contained commentary on the impact of COVID-19 on its business. The update highlighted the resilience of the property portfolio, as evidenced by: i) Ongoing strength in key financial metrics (such as occupancy and income growth), ii) Positive revaluations and iii) An unhinged path in the development pipeline. But is this enough to offset the threat to …