GPT

March 2023 Quarter Operational Update

The GPT Group released its operational update for the quarter ended 31 March 2023 revealing earnings remain on track despite ongoing issues in the Office sector.

Read More »

GPT Deliver Earnings Growth by Still Under Pressure

The GPT Group announced its results for the 12 months to 31 December 2022 with a -$1.0bn drop in net profit after tax due to negative investment property movements however earnings per security was up from 28.82 cents in pcp to 32.4 cents.

Read More »

GPT deliveries Embodied Carbon Neutral Certification

In an Australian first, The GPT Group has achieved upfront embodied carbon1 neutral certification for a Melbourne logistics development through the Green Building Council of Australia (GBCA) and Climate Active.ย ย 

Read More »

GPT Delivers Solid Growth but Points to Challenges Ahead

GPT has lifted earnings by 8% as markets recovered from COVID, however the future remain uncertain across core real estate markets. GPTโ€™s Chief Executive Officer, Bob Johnston, said: โ€œThe Group delivered a solid result in the half, despite the ongoing impacts of the global COVID-19 pandemic and the uncertain economic …

Read More »

GPT focused on Delivering Existing Assets

The GPT Group have put off acquisitions during the last quarter, instead focusing their efforts on recovering their retail and office assets whilst pursing opportunities to improving their existing Logistics assets.

Read More »

GPT sells Casuarina Square Shopping Centre

GPT has completed the sale of the largest shopping centre in the Northern Territory, Casuarina Square, exchanging contracts with Sentinel for $420m The sale was completed near to GPT’s book value which was slashed by $100m midway through 2020 when GPT cut the value of its directly held retail portfolio …

Read More »