The GPT Group

Australian retail continues to stand out as a compelling institutional investment opportunity, supported by resilient retail fundamentals, constrained new supply and strong population growth across key metropolitan catchments.  At this week’s Mingtiandi - APAC real estate intelligence Australia Forum, Fund Manager of GPT’s Wholesale Shopping Centre Fund (GWSCF), David Sleet, joined senior global investment leaders from Brookfield Asset Management, Link Real Estate Partners and Savills Australia to discuss the evolving outlook for Australia’s commercial property markets and where institutional capital is finding conviction.  During the discussion, David highlighted the growing momentum behind GWSCF, following its recently oversubscribed $610 million equity raise and the acquisition of 50% interests in The GPT Group’s two dominant super-regional retail assets, Sunshine Plaza and Macarthur Square.  The conversation reinforced the increasing appeal of high-quality Australian retail assets for both domestic and offshore investors. With strong investor support, a growing platform and a disciplined focus on dominant retail destinations, GWSCF remains well positioned to continue deploying capital into growth initiatives to drive long-term value creation. 

We are pleased to announce the acquisition of 66 Eagle Street, Brisbane by The GPT Group’s sector-agnostic, value-add partnership for $380 million. Located in Brisbane CBD’s Golden Triangle precinct, the 23-level A-grade office tower offers 32,000 sqm of office space, with GPT undertaking investment management, leasing and property management services. The acquisition builds on the partnership’s existing investments across student living and logistics development, taking deployment to more than $500 million since its establishment in February 2026. CEO and Managing Director, Russell Proutt, said: “Brisbane’s Golden Triangle remains one of GPT’s highest-conviction office sub-markets, where we already own and manage 111 Eagle Street and Riverside Centre. “With Brisbane office leasing fundamentals strengthening, material under-renting in the asset and limited forecast supply into the CBD, this investment aligns with our strategy to co-invest with our partners and leverage our operational capabilities to deliver strong returns.” Read the full announcement here: https://lnkd.in/gczVmBzn

Karrinyup Shopping Centre recently became one of Perth's most unexpected sporting venues, hosting the 2026 World Squash Masters Championships in partnership with Squash Australia. At the heart of the activation, a purpose-built, all-glass squash court was installed within the centre, giving shoppers and sporting fans a rare chance to watch world-class competition up close. More than 900 athletes from 55 nations took to the court across eight days of competition, with families, supporters and spectators from around the globe filling Karrinyup throughout the Championships. Welcoming more than 14 million visitors each year, Karrinyup provided an unprecedented public platform for the sport – bringing squash to new audiences in one of Western Australia's most visited destinations. Regional General Manager Dave Moreton shared: "Karrinyup is a place where people come together, and we were proud to offer our customers the chance to experience world-class sport in such an unexpected and dynamic setting." The partnership was a strong example of the bold, experience-led approach The GPT Group brings to activating its shopping centres – creating standout moments that go beyond the everyday and reinforcing Karrinyup's position as a leading destination in Western Australia.

The GPT Group's Chief Investment Officer, Mark Harrison, joined two of the industry's leading forums in recent weeks to discuss where capital is flowing across Australian real estate. At the ANREV Australia Conference, Mark joined the panel 'Allocating with Conviction: Australia in a Regional Investment Context', where the conversation explored how investors are navigating the broader Asia Pacific landscape – weighing relative value across sectors and markets, and the fundamentals shaping investment decisions in the current cycle. Mark also joined the AFR Property Summit panel, 'Winners and Losers – Where is the Capital Going?', speaking to our investment in Grosvenor Place and recent acquisitions of 50% interests in Sunshine Plaza and Macarthur Square, and why high-quality real estate in the right markets remains well-positioned to outperform and attract capital. Thank you to ANREV and The Australian Financial Review for the opportunity to contribute to both discussions.

The GPT Group has officially opened 51 Flinders Ln, our $555 million office development and hospitality precinct in Melbourne's East End. The milestone was celebrated with CEO Russell Proutt and the GPT team coming together alongside project partners, tenant customers and the Lord Mayor of Melbourne, Nick Reece. The opening also marked the announcement of two new tenants joining the precinct – AI infrastructure company Firmus Technologies and global out-of-home media company JCDecaux Australia. They join a growing mix of leading businesses at 51 Flinders Ln including AirTrunk, WPP, FM and Koda Capital, reinforcing the precinct's emergence as a destination for companies at the forefront of Melbourne's new economy. Speaking at the opening, GPT Head of Office Matthew Brown shared: "51 Flinders Ln reflects the strength of GPT's Office platform and development capability, delivering a significant new precinct in one of Melbourne's strongest-performing submarkets. We're proud to welcome Firmus Technologies and JCDecaux Australia, alongside our other tenant customers, to the precinct." Projects of this scale are only possible through strong partnerships – thank you to everyone across our development and leasing teams, valued project partners and the many collaborators who helped bring this premium workplace to life. Read more here: https://lnkd.in/eY4b22yS

On Friday, The GPT Group marked Wear It Purple Day by hosting The Allyship Lab – a live, interactive session for our people focused on the everyday choices and conversations that shape inclusion for our LGBTQIA+ colleagues and communities. Facilitated by Alyce Schotte from ACON Pride in Diversity, the session explored practical moments of allyship through open discussion and real-world scenarios, encouraging reflection, participation and meaningful conversation across our teams. A number of our workplaces and shopping centres also marked the day through activations that reflected our focus on creating welcoming and inclusive environments for the customers and communities who visit our spaces every day. Wear It Purple Day is one of several key LGBTQIA+ moments GPT recognises each year. Supported by GPT's LGBTQIA+ Awareness and Diversity (GLAD) network and broader diversity and inclusion initiatives, we remain committed to fostering a workplace where everyone feels respected, valued and supported to be themselves. 

Parkmore Shopping Centre has entered a new chapter, with the opening of TK Maxx, ALDI Stores Australia and rebel marking one of the most significant transformations in the centre's recent history. Together, the three retailers strengthen Parkmore's position as a leading value and convenience destination for Melbourne's south-east community.  To celebrate the milestone, Fund Manager of the GPT Wholesale Shopping Centre Fund, David Sleet, joined Mayor of the City of Greater Dandenong Sophie Tan, our retail partners and the wider Parkmore and The GPT Group team to celebrate the opening of the new precinct. The arrival of TK Maxx, ALDI and rebel reflects the continued evolution of Parkmore's retail offering, bringing customers greater choice across fashion, lifestyle, everyday essentials and sport and leisure. The openings build on strong momentum for the centre, following a record year in 2025 generating $320 million in sales and welcoming more than 7.5 million customer visits. Thank you to our project partners and team who helped bring this milestone to life, and a warm welcome to Parkmore’s three new retail partners.

Australia's office sector is entering a new phase, with strong demand for premium workplaces, evolving occupier expectations and constrained future supply. Our Head of Office, Matthew Brown, sat down with Kathryn House on CBRE Asia Pacific's Talking Property podcast to discuss the forces reshaping Australia's office market. Drawing on The GPT Group’s experience managing more than 700 tenant customers across our $17bn office platform, the conversation explored how workplace experience, service and amenity are becoming increasingly important to occupiers, alongside the broader supply and demand fundamentals driving renewed confidence in premium CBD office assets. Listen to the episode here: https://lnkd.in/gR7asSwC

Today The GPT Group announced its 2026 Interim Result, delivering a strong result across our diversified platform. We're pleased to report funds from operations (FFO) of $338.8 million and continued momentum across all three sectors, with our investment portfolio achieving 97.6% average occupancy, like-for-like net property income (NPI) growth of 5.8%, and Group assets under management of $41.6 billion, representing growth of $1.8 billion. GPT’s Chief Executive Officer and Managing Director, Russell Proutt said: “This result reflects the earnings power of the platform we are building, with strong NPI growth reflecting the quality of our assets and active management, while the growing contribution from management earnings reflects our success in attracting investors to deploy alongside us." Read our full results here: www.gpt.com.au

Rouse Hill Town Centre recently brought thousands of Hills residents together for its Football FanZone in partnership with The Hills Shire Council, transforming Market Square into a dedicated football activation to celebrate the FIFA World Cup. Beyond the live broadcasts, the Rouse Cup invited local football clubs to compete for a share of $10,000, with clubs earning points for every dollar spent at the centre. The competition generated over 217,800 points across 1,584 entries, with Hills Spirit FC, Rouse Hill Rams FC and Quakers Hill Tigers claiming a share of the prize pool. Future Ballers Skills Clinics rounded out the activation, giving young players the chance to develop their skills and passion for the game. Rouse Hill Town Centre Manager Ben Simpson-Morgan shared, "The Football FanZone offered a prime opportunity to do what we do best – put experience first and create moments that bring our community together. The Australia vs Türkiye fixture alone drew over 1,500 attendees! Seeing thousands of residents fill Market Square to watch the live games on the big screen and take part in the activations reinforced the role the centre continues to play as a leading destination in the region."