Company News Summary | 30 Apr 2020
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
GPT Group Provides March 2020 Quarter Operational Update
08:51:00 | Associate analysts
Original annuncemenet:March Quarter Operational Update
GPT Group announced its operational update for the March 2020 quarter. The Group remains in a positive financial position with low gearing, limited debt maturities and available liquidity, which will provide the flexibility to manage through the current challenging operating environment. Following the end of the quarter, the National Cabinet announced a new commercial tenancy Code of Conduct (Code). The Group has taken the decision to defer the commencement of both the Rouse Hill retail expansion and the Melbourne Central office and retail development until such time as market conditions are more supportive. The Annual retail specialty sales of $11,199 per sqm.
|This report appeared on www.morningstar.com.au||2020 Morningstar Australasia Pty Limited|
© Copyright 2020 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").