GPT Group
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)
|
| File:GPT Logo RGB.png | |
| Formerly | General Property Trust |
|---|---|
| Company type | Public |
| ASX: GPT | |
| Industry | Property trust |
| Founded | 1971 |
| Founder | Lendlease |
| Headquarters | , Australia |
| $862.8 Million (2023) | |
| Divisions | Retail, Office, Logistics |
| Website | www |
| Footnotes / references [1] | |
The GPT Group is a Real Estate Investment Trust. GPT has been publicly listed on the Australian Securities Exchange since April 1971, and is one of Australia's largest diversified listed property groups.[2][3][4]
History
[edit | edit source]General Property Trust was managed by Lendlease until it was internalised in 2005 and linking up with Babcock & Brown.[5] It continues to have a few properties managed and co-owned by Lendlease.[6]
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.[7] This focus is accompanied by Funds Management and selective development.
In 2001, GPT purchased the Australian resorts portfolio of P&O.[8]
In February 2021, the company signed an $800 million 50:50 joint venture with an industrial-focused Canadian fund manager, QuadReal Property Group.[9]
Accolades
[edit | edit source]GPT is ranked as one of the foremost global performing property and real estate companies in international sustainability benchmarks and awards.[10] 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.[11]
References
[edit | edit source]- ^ Annual Report 2023 GPT
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ GPT severs ties with Lend Lease Sydney Morning Herald 3 June 2005
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).[permanent dead link]
- ^ GPT buys P&O resorts for $225m Australian Financial Review 8 July 2004
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
External links
[edit | edit source]
Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).
