Aug 12 (Reuters) - GPT Group (GPT) : H1 NET PROFIT DOWN 51.6%...

Aug 12 (Reuters) - GPT Group (GPT) :

• H1 NET PROFIT DOWN 51.6% TO $352.6 MILLION
• H1 TOTAL REVENUES AND OTHER INCOME DOWN 31.8% TO $645.2 MILLION
• CONFIRMS GUIDANCE FOR FY19 OF FFO PER SECURITY GROWTH OF 2.5 PER CENT
• GPT CONFIRMS GUIDANCE FOR FY19 OF DISTRIBUTION PER SECURITY GROWTH OF 4.0 PER CENT
• CONFIRMS GUIDANCE FOR FY19 OF DISTRIBUTION PER SECURITY GROWTH OF 4.0 PER CENT
• FUNDAMENTALS FOR OFFICE AND LOGISTICS SECTORS IN SYDNEY AND MELBOURNE REMAIN POSITIVE
• CONDITIONS IN BRISBANE ARE SHOWING SIGNS OF IMPROVEMENT
• EXPECT THAT RETAIL ENVIRONMENT IN H2 OF YEAR WILL BENEFIT FROM LOWER INTEREST RATES, INCOME TAX RELIEF AND STABILISATION OF HOUSE PRICES

Source text http://bit.ly/2H0Dm72

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