Misplaced Pages

GPT Group

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Australian real estate company

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "GPT Group" – news · newspapers · books · scholar · JSTOR (October 2016) (Learn how and when to remove this message)
This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (October 2021) (Learn how and when to remove this message)
(Learn how and when to remove this message)
The GPT Group
Company typePublic
Traded asASX: GPT
IndustryProperty trust
Founded1971; 54 years ago (1971),
as General Property Trust
FounderLendlease
HeadquartersMLC Centre
Sydney, Australia
Websitewww.gpt.com.au

The GPT Group is a Real Estate Investment Trust (also known as an Australian Stock Exchange listed stapled entity). The Group has been publicly listed in Australia since April 1971, and is one of Australia's largest diversified listed property groups.

History

General Property Trust was managed by Lendlease Corporation until it was internalised in 2005. It continues to have a few properties managed and co-owned by Lendlease.

GPT focuses on active ownership of Australian real estate in a portfolio valued at more than $20 billion that includes retail, office, logistics, and business park assets. This focus is accompanied by Funds Management and selective development.

In February 2021, the company signed an $800 million 50:50 joint venture with an industrial-focused Canadian fund manager, QuadReal Property Group.

Accolades

GPT is ranked as one of the foremost global performing property and real estate companies in international sustainability benchmarks and awards. GPT has held the number one or two position for the last nine years on the Dow Jones Sustainability Index. In September 2015, GPT confirmed it had achieved a 50% reduction in the emissions intensity of its operations compared to its 2005 baseline.

References

  1. "GPT Group | Commercial". Live Life Get Active. Retrieved 16 June 2021.
  2. "Property deal that misses the point". The Sydney Morning Herald. 25 May 2004. Retrieved 16 June 2021.
  3. "Home | GPT". gpt.com.au. Retrieved 16 June 2021.
  4. "About Us". GPT. Retrieved 8 October 2021.
  5. "The Owners - Australia Square". www.australiasquare.com.au. Retrieved 16 June 2021.
  6. Johanson, Simon (14 February 2021). "GPT ramps up logistics push with $800m Canadian deal". The Sydney Morning Herald. Retrieved 16 June 2021.
  7. Jermaine. "The GPT Group | Business World Australia". Archived from the original on 24 June 2021. Retrieved 16 June 2021.
  8. "GPT halfway towards zero emissions". GPT Blog. 3 September 2015. Retrieved 2 February 2016.

External links

S&P/ASX 20 ←    S&P/ASX 50 companies of Australia   → S&P/ASX 200
As of 28 April 2021


Stub icon

This article about an Australian corporation or company is a stub. You can help Misplaced Pages by expanding it.

Categories: