The Group notes the recent media speculation concerning potential capital raisings by various A-REITs, including GPT, however GPT is not aware of any information concerning the Group that has not been announced which, if known, could be an explanation for recent trading in the securities of the Group.
PLUS....
In total, these represent an 11% reduction in the book value of the Group’s portfolio of direct and equity accounted real estate investments, with weighted average capitalisation rates for the Group’s Australian Retail, Office and Industrial Portfolios increasing by approximately 20bp,50bp and 40bp respectively.
GPT Price at posting:
46.9¢ Sentiment: Buy Disclosure: Held
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