Australian REIT GPT Group has delivered a strong turnaround in its 2025 interim results, swinging from a net loss of AUD249.4 million in the first half of 2024 to a statutory net profit after tax of AUD329.1 million for the six months to 30 June 2025.
The REIT’s improved performance was driven by a shift in investment property valuations, which recorded an uplift of AUD48.3 million compared to valuation declines of AUD566.8 million in the corresponding period last year.
Dear members, please login to continue reading this article.
Login or sign-up for a free 25-day trial here. Why subscribe?