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GPT Group (GPT.AX)

GPT.AX on Australia Stock Exchange

4.84AUD
27 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Garda Diversified Property Fund announcesc acquisition of Metroplex Westgate Industrial Facility
Tuesday, 6 Jun 2017 02:08am EDT 

June 6 (Reuters) - Garda Diversified Property Fund :acquisition of metroplex westgate industrial facility.Property will be acquired for $35.25 million representing an initial yield of 6.25%.Says acquisition will initially be debt funded.has exchanged unconditional contracts to buy new industrial and office facility at metroplex westgate wacol industrial park.Garda reiterates fy2017 full year distribution guidance of 9.4 cents per unit.facility to be acquired from partners gpt group and metroplex.  Full Article

GPT Group comments on outlook
Wednesday, 10 May 2017 10:00pm EDT 

May 11 (Reuters) - Gpt Group :"with a strong rental growth outlook, we expect to see further valuation gains for prime assets, particularly in Sydney and Melbourne"."guidance for ffo per security growth for 2017 is approximately 2 per cent, with distribution growth expected to be approximately 5 per cent"."remain optimistic about outlook for group and believe we are well positioned to deliver earnings growth over course of this year.".  Full Article

GPT Group updates on March quarter operations
Wednesday, 26 Apr 2017 06:47pm EDT 

April 27 (Reuters) - GPT Group :GPT is on track to achieve FFO per security growth of approximately 2 per cent for full year 2017.GPT is on track to achieve distribution per security growth of approximately 5 per cent for full year 2017.  Full Article

GPT Group expects to deliver between 5 pct and 5.5 pvt growth in FFO in 2016
Sunday, 14 Aug 2016 06:46pm EDT 

GPT Group : In 2016 GPT expects to deliver between 5.0% and 5.5% growth in FFO per ordinary security and about 4.0% growth in distribution per ordinary security .  Full Article

GPT Group HY net profit $586.4 million
Sunday, 14 Aug 2016 06:40pm EDT 

GPT Group : HY net profit after income tax expense attributable up 39 pct to $586.4 million . Says HY total revenues and other income up 39 pct to $817.5 million .  Full Article

GPT Group responds to Centuria Capital's announcement
Thursday, 21 Jul 2016 07:23pm EDT 

GPT Group : Response to centuria capital limited announcement . Refers to the asx announcement made by centuria capital limited (centuria) dated 21 July 2016 . GPT maintains that it has not breached its obligations under the centuria facilitation deed . Has notified centuria that it reserves all its rights in relation to any purported termination of the centuria facilitation deed . There is no breach to remedy and centuria has no right to terminate the centuria facilitation deed. " . Centuria continues to assert that in entering into a similar agreement with growthpoint properties Australia, GPT is in breach of the centuria facilitation deed .  Full Article

GPT Group says GPT Management entered into deed with Centuria Capital Ltd
Wednesday, 15 Jun 2016 09:26pm EDT 

GPT Group : Says GPT management holdings limited (GPT) advises that it has entered into a facilitation and property rights deed with Centuria Capital Ltd . In consideration for GPT forgoing certain rights and providing certain services to Centuria, GPT will receive a fee of $9 million .  Full Article

BRIEF-GPT Group comments on outlook

* "with a strong rental growth outlook, we expect to see further valuation gains for prime assets, particularly in Sydney and Melbourne"