logo
Plus   Neg
Share
Email

GPT Group Says Maintained Long-term Focus On Sustainability

GPT Group (GPT.AX,GPTGF.PK) said it maintained a long-term focus on sustainability. It remains optimistic about the outlook and its ability to continue to deliver reliable returns for securityholders.

The Group is well positioned for 2019, and it has provided guidance for both FFO and Distribution growth of 4.0 per cent per security.

At Melbourne Central, the company is planning a 20,000 square metre office development which will be undertaken with the retail expansion. It expects to have the project underway in the first half of 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Brazos Electric Power Cooperative Inc., the largest power generation and transmission cooperative in Texas, filed for Chapter 11 bankruptcy protection citing a huge bill from the state's grid operator following major outages recently amid the winter storm. Brazos received a $1.8 billion bill from electricity grid operator Electric Reliability Council of Texas or ERCOT. El Abuelito Cheese is recalling certain types of cheese and cheese products for fear of potential contamination with Listeria Monocytogenes, a deadly bacteria, the U.S. Food & Drug Administration said in a statement. The recall involves Queso Fresco (Fresh, soft cheese), Quesillo (Oaxaca, string cheese), and Requeson (Ricotta) products. Technology company CAE Inc. (CAE.TO, CAE) agreed Monday to acquire the military training division of aerospace and defense technology firm L3Harris Technologies Inc. (LHX) for $1.05 billion, subject to customary adjustments. The acquisition will expand CAE's position as a platform-agnostic training...
Follow RTT