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GPT GROUP — Capital/Financing Update 2022
Dec 15, 2022
65009_rns_2022-12-15_fe7ae384-f230-4914-81f7-2dd9bd22c6fe.pdf
Capital/Financing Update
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16 December 2022
GPT commences management of $2.6b ACRT direct real estate
mandate
The GPT Group (‘GPT’) advises that it has commenced management of the $2.6 billion AMP Capital Retail Trust (ACRT) direct real estate mandate, which will be renamed Australian Core Retail Trust.
Cbus Property and UniSuper co-own ACRT, which owns 100 per cent of Pacific Fair Shopping Centre on the Gold Coast and 50 per cent of Macquarie Centre in Sydney. ACRT was recently recognised as the Regional Sector Leader, Oceania Retail, in the 2022 Global Real Estate Sustainability Benchmark (GRESB) assessment.
This announcement follows GPT commencing property management of Pacific Fair Shopping Centre, one of Australia’s premier retail destinations, earlier this month.
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Authorised for release by The GPT Group’s Managing Director and Chief Executive Officer Bob Johnston.
For more information, please contact:
INVESTORS Penny Berger Head of Investor Relations & Corporate Affairs +61 402 079 955
MEDIA Grant Taylor Group External Communications Manager +61 403 772 123
Level 51, 25 Martin Place, Sydney NSW 2000
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