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.
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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 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 »Logistics Working for GPT but no Earnings Growth yet
The GPT Group announced its results for the 12 months to 31 December 2021 with earnings in line with the previous period and higher net profits due to valuation gains.
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 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.
Read More »GPT grows Logistics to $4.1b by Ascot portfolio acquisition
GPT Group has secured a 24-asset portfolio offered up to the market by Ascot Capital in a deal worth $681.7m.
Read More »GPT secures leases with Afterpay and ELMO Software at Queen & Collins
The GPT Group has signed leases with leading Australian buy now, pay later platform Afterpay and cloud-based human resources software provider ELMO Software, at its recently completed Queen & Collins redevelopment
Read More »GPT acquires Melbourne Warehouse
GPT has confirmed the $72.5m acquisition of a Laverton North warehouse leased to Spotlight.
Read More »GPT Expects Positive Conditions will return
GPT released their results for the 6 months to June 30th, revealing solid earnings growth flowing from a recovery in retail rents collections in the first half.
Read More »GPT QuadReal Logistics Trust acquire fund-through development in Keysborough
The GPT Group today announced GPT QuadReal Logistics Trustβs acquisition of a logistics development in Keysborough, Melbourne
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