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
$5.10 |
Change
0.030(0.59%) |
Mkt cap ! $9.769B | |||
| Open | High | Low | Value | Volume |
| $5.07 | $5.11 | $5.05 | $12.67M | 2.491M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43389 | $5.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.11 | 28752 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| GPT (ASX) Chart |