GPT traded at 4.56 this Friday October 16th, decreasing 0.03 or 0.65 percent since the previous trading session. Looking back, over the last four weeks, GPT lost 0.89 percent. Over the last 12 months, its price fell by 15.87 percent. Looking ahead, we forecast GPT to be priced at 4.46 by the end of this quarter and at 4.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
The GPT Group (GPT) is an Australia-based vertically integrated diversified property group. The GPT owns and manages Australian office, logistics and retail assets. The Company operates through four segments: Retail, Office, Logistics and Funds Management. The Retail segments owns, develops, and manages regional and sub-regional shopping centers, as well as GPT's equity investment in GPT Wholesale Shopping Centre Fund. Its office segment owns, develops, and manages central business district (CBD) office properties with some associated retail space, as well as GPT's equity investment in GPT Wholesale Office Fund. Its logistics segment owns, develops, and manages logistics assets as well as GPT’s equity investment in the GPT QuadReal Logistics Trust. Its Funds Management segment manages two Australian wholesale property funds in the retail and office sectors and the GPT QuadReal Logistics Trust in the logistics sector.