News Articles for GPT Group

Economic conditions are paving the way for the retail property sector to become a preferred asset class for investors.

The real estate investment trust will acquire 50 per cent shares in Belmont Forum and Cockburn Gateway shopping centres, in the largest WA property transaction in three years.

There's work to be done to ensure open books around certain industries' contribution to the communities in which they operate.

Western Australian projects and developers have been recognised at a state industry awards, including Adrian Fini being named Property Leader of the Year.

Sydney-based GPT Group is set to manage AMP's Karrinyup Shopping Centre, as the management of the group's retail assets changes hands.

WA's Ascot Capital has offloaded most of its industrial property assets, with a recent $681 million deal with Sydney's GPT Group bringing its recent sales to $2.1 billion.

Dexus has bought Jandakot airport and surrounding land for $1.3 billion, establishing its footprint in WA logistics infrastructure.

Local property funds are casting their investment nets wide, as they seek to navigate increased competition for traditional assets.

The pandemic and uptick in e-commerce is continuing to drive the hype around industrial assets.

GPT Group has confirmed it is in talks with Western Australia-based Ascot Capital to acquire its portfolio of commercial assets for circa $800 million.

Woodside Petroleum has appointed former Wesfarmers senior executive Gene Tilbrook to its board as a non-executive independent director.

The campaign to sell Colonial First State Global Asset Management's half share of Exchange Plaza appears to have hit a speed bump amid concerns over the tower's key tenant.