Australian REITs better prepared now compared to 2008 crisis, says S&P Global
Rising interest rates will pose headwinds for Australian REITs but the sector is largely better prepared for financial calamities when…
GPT Group disposes stake in Casuarina Square at discount to book value
Joint owners GPT and the GPT Wholesale Shopping Centre Fund (GWSCF) have exchanged contracts for the sale of Casuarina Square.…
S&P downgrades outlook on GPT in wake of AUD681 million acquisition
S&P Global Ratings has downgraded its outlook on GPT Group to negative, following the REIT’s revelation that it is acquiring…
GPT Group ups exposure to logistics segment with AUD681 million buy
GPT Group is further rebalancing its portfolio into the logistics segment with its latest acquisition from Ascot Capital.
GPT secures co-working operator as tenant at retail asset
GPT Group and GPT Wholesale Shopping Centre Fund have secured a major co-working space operator as a tenant at their…
GPT Group taps on demand for logistics assets in Melbourne
Amid an elevated demand for logistics spaces across Australia, GPT Group is accelerating its growth plans for the segment. Related:…
GPT Group in talks to acquire assets from Ascot Capital for AUD800 million
GPT Group has confirmed that it is in talks to acquire a portfolio of 26 industrial and logistics assets and…
GPT Group to sell stake in Sydney office tower
Australian REIT, GPT Group, has announced plans to divest its 25% stake in 1 Farrer Place, Sydney. “Farrer Place is…
GPT Group sees 8.8% slide in value of retail portfolio in wake of COVID-19
The GPT Group has suffered an 8.8% slide in the value of its retail properties as valued at 31 May…
GPT Group sees rise in logistics occupancy amid COVID-19-induced retail weakness
Australia-listed REIT GPT Group is reaping benefits from a strategic decision to grow its logistics footprint. The REIT has reported…