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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 now one of Australia's largest diversified listed property groups.<ref>{{Cite web|title=GPT Group {{!}} Commercial|url=https://livelifegetactive.com/partners/commercial/gpt-group/|access-date=2021-06-16|website=Live Life Get Active|language=en}}</ref><ref>{{Cite web|date=2004-05-25|title=Property deal that misses the point|url=https://www.smh.com.au/business/property-deal-that-misses-the-point-20040525-gdizon.html|access-date=2021-06-16|website=The Sydney Morning Herald|language=en}}</ref><ref>{{Cite web|title=Home {{!}} GPT|url=https://gpt.com.au/|access-date=2021-06-16|website=gpt.com.au}}</ref>
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 now one of Australia's largest diversified listed property groups.<ref>{{Cite web|title=GPT Group {{!}} Commercial|url=https://livelifegetactive.com/partners/commercial/gpt-group/|access-date=2021-06-16|website=Live Life Get Active|language=en}}</ref><ref>{{Cite web|date=2004-05-25|title=Property deal that misses the point|url=https://www.smh.com.au/business/property-deal-that-misses-the-point-20040525-gdizon.html|access-date=2021-06-16|website=The Sydney Morning Herald|language=en}}</ref><ref>{{Cite web|title=Home {{!}} GPT|url=https://gpt.com.au/|access-date=2021-06-16|website=gpt.com.au}}</ref>


It was managed by [[Lendlease|Lendlease Corporation]] until it was internalised in 2005.<ref>{{Cite web|title=About Us|url=https://www.gpt.com.au/about-us|access-date=2021-10-08|website=GPT}}</ref> It still has and has had a few properties managed and co-owned by Lendlease.
It was managed by [[Lendlease|Lendlease Corporation]] until it was internalised in 2005.<ref>{{Cite web|title=About Us|url=https://www.gpt.com.au/about-us|access-date=2021-10-08|website=GPT}}</ref> 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.<ref>{{Cite web|title=The Owners - Australia Square|url=https://www.australiasquare.com.au/contact/the-owners|access-date=2021-06-16|website=www.australiasquare.com.au}}</ref> This focus is complemented by Funds Management and selective development.
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.<ref>{{Cite web|title=The Owners - Australia Square|url=https://www.australiasquare.com.au/contact/the-owners|access-date=2021-06-16|website=www.australiasquare.com.au}}</ref> This focus is complemented by Funds Management and selective development.

Revision as of 10:31, 10 November 2022

The GPT Group
Company typePublic
ASXGPT
IndustryProperty trust
Founded1971; 53 years ago (1971),
as General Property Trust
FounderLendlease
Headquarters,
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 now one of Australia's largest diversified listed property groups.[1][2][3]

It was managed by Lendlease Corporation until it was internalised in 2005.[4] 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.[5] 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.[6]

Accolades

GPT is consistently ranked as one of the world's best performing property and real estate companies in international sustainability benchmarks and awards.[7]

GPT is a leader on the 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.[8]

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". Retrieved 16 June 2021.
  8. ^ "GPT halfway towards zero emissions". GPT Blog. 3 September 2015. Retrieved 2 February 2016.