GPT is a leading owner, manager and developer of Australian retail property. GPT’s retail investments of $5.3 billion include a portfolio of assets held on the Group’s balance sheet and an investment in the GPT Wholesale Shopping Centre Fund (GWSCF).
A key feature of GPT's retail portfolio is the high quality of the assets, which attract both retailers and customers. This is evidenced by the high level of occupancy at 99.6% and low level of arrears which underpins the income performance of the portfolio.
The high quality retail portfolio has been created over approximately 40 years and currently consists of interests in 13 shopping centres, with the majority regionally represented.