GPT delivers strong retail sales and office leasing, unlocks future growth
Key Highlights
- Process to appoint new CEO underway
- Strong retail performance with specialty sales growth up 6.8 per cent for the quarter
- 37,200 sqm office leases signed or at Heads of Agreement
- Another successful logistics development reaches completion
- Funds Management business continues solid performance
- Balance sheet further strengthened with redemption of Exchangeable Securities for $325 million
The GPT Group (GPT) today announced its operational update for the March 2015 quarter. GPT CEO and Managing Director, Michael Cameron said it had been another strong period for the Group with solid retail sales growth, continued momentum in office leasing, leading performance in Funds Management and the successful completion of another logistics development.
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