Australian REIT GPT Group announced its 2024 annual results on 17 February 2025, revealing a statutory loss after tax of AUD200.7 million for the year.
This loss was driven by AUD 770.7 million in investment property valuation declines, the REIT disclosed in its results.
Despite this, GPT Group highlighted robust operational performance, including funds from operations (FFO) of AUD616.3 million, which translates to 32.2 cents per security.
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