So the LPT sector currently has 75 billion worth of buildings..... and is planning 56 billion of new ones. Thats a 60% expansion of current building capacity, A LOT.
So if they cut back or delay some of that expansion - probably A GOOD THING. Its not at all obvious we suddenly need 60% more buidings at all.
But the zero-cred clowns at BIS Shrapnel think this will cause rents to explode by 30%. Yeah right. What sort of businessness ( other than corporate vultures like Ferrier and KordaMenta ) do they expect to be expanding and needing more office space in the next few recessionary years.
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Last
$4.99 |
Change
-0.050(0.99%) |
Mkt cap ! $9.558B | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.02 | $4.97 | $14.12M | 2.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $4.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.00 | 9582 | 3 |
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| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| GPT (ASX) Chart |