Like everyone else in the REIT sector, asset sales would be required to keep LVR below prudent 50% in serious asset devaluation. Obviously GPT are working on the European JV to be wound down as their preferred way of reducing debt. Keep in mind the JV is $2B equity and $1.5B debt (GPT share) so it is quite low geared and gives a good debt reduction bang for your buck. ie Full sale of $3.5B portfolio would reduce debt by $3.5B bring LVR back to about 35% AFTER all assets have devalued by 20%!
It is all about prudent sales by REIT at the moment to bring gearing back to 35% look through so to be absolutely confident of buffer should property values tank. Still have to sell assets though:(
cheers
- Forums
- ASX - By Stock
- monkey vibes directed solely on gpt today nc
GPT
gpt group
Add to My Watchlist
0.79%
!
$5.10

Like everyone else in the REIT sector, asset sales would be...
Featured News
Add to My Watchlist
What is My Watchlist?
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.
|
|||||
Last
$5.10 |
Change
0.040(0.79%) |
Mkt cap ! $9.769B |
Open | High | Low | Value | Volume |
$5.06 | $5.13 | $5.06 | $33.90M | 6.648M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4468 | $5.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.13 | 4468 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 5.070 |
1 | 180 | 5.050 |
1 | 100 | 5.010 |
1 | 200 | 4.950 |
1 | 3093 | 4.940 |
Price($) | Vol. | No. |
---|---|---|
5.140 | 1100 | 1 |
5.150 | 146286 | 6 |
5.170 | 426 | 1 |
5.180 | 700 | 1 |
5.190 | 378 | 1 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
Featured News
GPT (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online