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GDI Property Group Limited (ASX:GDI) has proposed the conditional sale of 233 Castlereagh St. in Sydney, for $156 million.The property and funds manager says the conditional put and call option deed represents an increase of $27 million compared to the independent valuation from 30 June this year.Managing Director Steve Gillard says the potential of the result validates the business model of buying well-located CBD office properties with multiple exit options.The company says that assuming the option is exercised settlement would be scheduled on or before 30 September next year.GDI Property reported a net profit of $12.9 million in the 2014 financial year.
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Last
67.5¢ |
Change
0.005(0.75%) |
Mkt cap ! $362.7M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 67.5¢ | 67.0¢ | $21.57K | 32.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 106101 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 24999 | 1 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| GDI (ASX) Chart |