Goodman Group (ASX:GMG) reported a work in progress value of AU$14.5 billion as of March 31, saying it expects the figure to reach around AU$18 billion by June, according to a Tuesday filing with the Australian bourse.

The work in progress metric represents the total value of all the industrial, logistics, and data center real estate development projects the company has under construction.

The company said data centers represent 73% of the March 31 work in progress. The work in progress is 37% pre-committed, reflecting an increase in the data center workbook which is primarily commenced before customer contracts are executed.

"We are actively managing procurement and contractor engagement across our supply chain given the potential impact of the current geopolitical environment on construction costs," Goodman Group said.