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.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.07 |
Change
0.080(1.60%) |
Mkt cap ! $9.740B | |||
| Open | High | Low | Value | Volume |
| $5.05 | $5.10 | $5.01 | $26.34M | 5.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27247 | $5.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.08 | 1488 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| GPT (ASX) Chart |