GPT and Stockland have expanded their Kemps Creek land holdings in deals this week worth this $87m.
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GPT absorbs Funds and hopeful for Improving Outlook
The GPT Group provided an operational update for the quarter ended 30 September 2022 with mixed results in Retail & Office markets and rain delays in Development offsetting gains in Industrial.
Read More »AMP Capital Retail Trust Clients Choose their own Manager
The battle for control of some of AMP Capital's prime Shopping Centre assets continue with CBUS and UniSuper electing their own manager.
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.Β Β
Read More »Chirnside Park Shopping Centre energy innovation a first for The GPT Group
Chirnside Park Shopping Centre will become The GPT Groupβs first Climate Active carbon neutral certified shopping centre, primarily through a more than 50% improvement in energy efficiency, switching to renewable electricity and offsetting residual emissions.
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. GPTβs Chief Executive Officer, Bob Johnston, said: βThe 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 acquires North Sydney Office Building
GPT has quietly acquired a commercial office building in Walker Street North Sydney as long term development option in Sydney's second busiest CBD.
Read More »GPT announces Bates Smart as winner of design competition for upcoming Parramatta CBD office tower development
The GPT Group has announced that architecture firm Bates Smart has won a design excellence competition for a 57-level office tower at 91 George Street Parramatta, to be developed by GPT for the GPT Wholesale Office Fund.
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 »Quadreal and GPT Expand JV to $2bill
The GPT Group and QuadReal Property Group have expanded their JV into Australianβ―prime logistics assets to $2 billion.
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 »The GPT Wholesale Office Fund acquires strategic development sites in the Parramatta CBD
The GPT Group (βGPTβ) has announced that the GPT Wholesale Office Fund has recently acquired four properties to create an amalgamated development site of 3,150 square metres (sqm) in the Parramatta CBD
Read More »Cockle Bay Wharf Redevelopment Plans on Exhibition
The GPT Group and AMP Capitalβs planned 75,000 square metre redevelopment of Cockle Bay Wharf, at the heart of Darling Harbour, is progressing to the next stage of the approvals process with the Stage Two Development Application and Environmental Impact Statement going on display.
Read More »GPT Trades through Difficult COVID Impacts
GPT's deep exposure to large scale retail and CBD office markets continues to expose the group to the ongoing affects from COVID, while the move into Logistics can't come soon enough.
Read More »GPT Wholesale Office Fund prices inaugural Green Bond for $250 million
The GPT Group had made a further commitment to a more sustainable future with the GPT Wholesale Office Fund pricing an inaugural Green Bond for $250 million for a tenor of 10 years.
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