GPT Group (ASX: GPT) is one of the largest diversified property groups in Australia, with a portfolio of retail, logistics and office property assets owned or managed valued at around $24 billion. The group owns the Melbourne Central, Highpoint and Northland shopping centres in Victoria, and Westfield Penrith and Charlestown Square in New South Wales.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.35% at lunch.
GPT Group (ASX:GPT) has announced it is selling its stake of the MLC Centre, time to buy shares?
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up 0.30% on Tuesday.
GPT Group (ASX:GPT) released its annual results earlier this week with profit rising 14.5% to $1.45b. I’m not buying GPT shares today.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 1.07% on Tuesday.
Here are the stories from the S&P/ASX 200 (INDEXASX:XJO)(^AXJO) and Australian finance circles today.
Futures contracts for the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) index are pointing to a positive open on Wednesday morning with Metcash Limited (ASX:MTS) in focus.
