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GPT GROUP Interim / Quarterly Report 2025

Aug 17, 2025

65009_rns_2025-08-17_0f047f46-d58b-4ba1-aa68-f3d2dd4068b6.pdf

Interim / Quarterly Report

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ASX Announcement

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18 August 2025

Appendix 4D – The GPT Group

The GPT Group (‘GPT’ or ‘Group’) provides the Appendix 4D for The GPT Group, including half year information required under ASX Listing Rule 4.2A and should be read in conjunction with GPT’s Interim Report.

-ENDS-

Authorised for release by The GPT Group Board.

For more information, please contact:

Investor Relations

Philip Cheetham Head of Investor Relations [email protected] +61 403 839 155

Media

Nat Burcul Head of External Communications [email protected] +61 401 919 927

GPT Management Holdings Limited (ACN 113 510 188) and GPT RE Limited (ABN 27 107 426 504) as responsible entity of General Property Trust (ARSN 090 110357), together GPT.

Level 51, 25 Martin Place Sydney NSW 2000 gpt.com.au

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GPT Group Appendix 4D

Appendix 4D

GPT Group (comprising General Property Trust and its controlled entities and GPT Management Holdings Limited and its controlled entities)

Interim Financial Report For the half year ended 30 June 2025

Results for announcement to the market

2.1 Total revenues and other income2.2 Profit from operations as assessed by Directors(1)2.3 Net profit/(loss) after income tax expenseattributable to stapled security holders 30 June 202530 June 2024Change$ million$ million%668.957.91055.3%322.6309.14.4%329.1(249.4)(232.0%) 30 June 202530 June 2024Change$ million$ million%668.957.91055.3%322.6309.14.4%329.1(249.4)(232.0%)
2.4 DistributionsFor the six months period ended 30 June 2025This distribution was declared on 20 June 2025 and isexpected to be paid on 29 August 2025. Amount per stapled security Franked amount per stapledsecurity
12.00 cents
2.5 Record date for determining entitlement to the distributions 30 June 2025
2.6 Brief explanation of any figures in 2.1 to 2.4 necessary to enable the figures to be understoodRefer to the attached announcement for a detailed discussion of GPT Group's results for the half year ended 30 June 2025.
3.0 Net tangible assets per security(2) 30 June 2025$5.31 31 December 2024$5.27
4.0 Details of entities over which control has been gained or lost during the periodNot applicable for the halfyear ended 30 June 2025.
5.0 Details of individual and total dividends or distributionpayments.6 month period ended 30 June 2025 - to be paid 29 August2025No part of the distribution constitutes conduit foreign income. Amount per stapled security Total
12.00 cents $229.9 million

(1) Profit from operations attributable to security holders of GPT represents the Directors’ assessment of Funds from Operations (FFO). FFO represents GPT’s underlying and recurring earnings from its operations. This is determined by adjusting statutory net profit after tax under Australian Accounting Standards for certain items which are non-cash, unrealised or capital in nature. FFO has been determined in accordance with the guidelines issued by the Property Council of Australia.

(2) Includes all right-of-use assets of GPT Group.

GPT Group Appendix 4D

6.0 Details of any dividend or distribution reinvestment plans in operation

The DRP will not be available with respect to the June 2025 half yearly distribution.

7.0 Details of associates and joint venture entities

The associates and joint ventures who contribute to The GPT Group’s net profit/(loss) are detailed below:

Contribution to GPT Group's net profit/
Name of associate and joint venture entities (loss)
30 June 25 30 June 24
$ million $ million
Joint Ventures*
Entities Incorporated in Australia
2 Park Street Trust 32.5 (42.9)
Horton Trust 0.8 0.2
Lendlease GPT (Rouse Hill) Pty Limited 0.1
GPT QuadReal Logistics Trust 3.9 (1.7)
Associates*
Entities Incorporated in Australia
GPT Wholesale Shopping Centre Fund 33.7 27.0
GPT Wholesale Office Fund 32.6 (123.7)
Darling Park Trust 19.4 (54.7)
Total share of after tax profit/(loss) of equity accountedinvestments 123.0 (195.8)
  • Refer to Note 3 of the Interim Financial Report for names and percentage holdings of each associate and joint venture.