"At least two cashed-up suitors are thought to be running the numbers on GDI.
GDI is a clear candidate for that kind of attention. It is trading at $1.14, a very modest rise on its $1 offer price when it floated in late 2013. It was not an auspicious debut, tracking down to close at 88.5¢ on its opening day.
It must be frustrating for Gillard, a veteran of the sector, and his team who are running a well-oiled transactions and investment machine, regardless of how the stock is performing.
GDI recently exchanged contracts to sell 66 Goulburn Street in Sydney for $252 million, and won a highly competitive process to acquire Westralia square for $216 million.
It also recently bought IKEA's Perth site in Innaloo."
GDI Price at posting:
$1.14 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)