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GPT Group (ASX: GPT) expects occupancy rate in office portfolio to increase by the end of FY23

Fri 06 Oct 23, 12:04 AM | Team Kalkine

Image source: © Sasinparaksa | Megapixl.com

Highlights

The GPT Group (ASX: GPT) is an ASX-listed diversified property group, which manages and owns a portfolio of retail, office, and logistics properties in Australia. GPT’s assets under management stood at AUD 32.2 billion at the end of the first half of the financial year 2023.

During the stated period, the retail portfolio of GPT delivered a strong performance with an occupancy of 99.5%. Moreover, the tenant demand during the period was significant under the logistics portfolio.

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