THE unit price of the Goodman Group has leapt by more than 240% in the past week, raising the question of a possible privatisation for Australia's largest industrial property owner.

The rally resulted in 23c per unit gain and returned $625m to the company's market value.

The group is now valued at $1.05bn -- still a fraction of its peak market capitalisation of $12.61bn in December 2006.

The most dramatic price jump prompted a query from the ASX on Monday, its fifth in as many months. The company responded that it was not aware of any information that could be the cause of the unit's rise.

The Australian