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GPT GROUP — Capital/Financing Update 2018
Jun 5, 2018
65009_rns_2018-06-05_88259077-6194-45e8-81b5-a58391091807.pdf
Capital/Financing Update
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6 June 2018
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Wollongong Central Sale Update
The GPT Group (“GPT” or “Group”) advises that, following an Expressions of Interest campaign which commenced in March 2018 for the possible sale of Wollongong Central, the GPT Wholesale Shopping Centre Fund (GWSCF) has formally withdrawn the asset from the market.
The sale campaign followed the completion of a successful repositioning of the asset which incorporated a new generation David Jones department store, TK Maxx, H&M and Mecca Maxima.
GPT reaffirms its guidance for 2018 of 3 per cent growth for both FFO per security and distributions per security. The Group will present its Interim Results on 13 August.
-ENDS-
For more information, please contact:
INVESTORS Brett Ward Head of Investor Relations & Corporate Affairs +61 437 994 451
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MEDIA Scott Rochfort Group Media Manager
+61 438 733 864