The GPT Group is a Real Estate Investment Trust (also known as an
Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, ...
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.
It 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 complemented 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 consistently ranked as one of the world's best performing property and real estate companies in international sustainability benchmarks and awards.
GPT is a leader on th
Dow Jones Sustainability Index having held the number one or two position for the last nine years. GPT in September 2015 confirmed it had achieved a 50% reduction in the emissions intensity of its operations compared to its 2005 baseline.
References
External links
GPT Group
Shopping center management firms
Real estate companies of Australia
Companies based in Sydney
Real estate investment trusts of Australia
Companies listed on the Australian Securities Exchange
{{Australia-company-stub