GPT is an active owner and manager of Australian real estate with a $9.5 billion portfolio of high quality retail, office and industrial properties. GPT also has $5 billion in funds under management in its unlisted wholesale platform and undertakes selective development to complement its core business. Listed on the Australian Stock Exchange in 1971, GPT is the third largest REIT in Australia and is one of the top 25 listed investment property companies globally. GPT is recognised as the global leader in sustainability in the property sector, having been named the Dow Jones Sustainability Global Real Estate Sector Leader in 2010 for the second year in a row.
Over the past 18 months, GPT has been focused on reinvigorating the group, by stabilising the existing business through recapitalisation, exit of non core assets, management and board changes and capital management initiatives. Having returned to strength, stability and earnings growth, GPT is now firmly focused on optimising performance through working assets harder, developing quality assets, engaging the best people and enriching the communities with whom GPT interacts. Through this process GPT looks to close the gap between the security price and NTA with a vision to be Australia’s best performing property group.