Earnings release
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ASX Announcement 9pt . 17 August 2026 GPT 2026 Interim Result The GPT Group ( GPT or Group ) is pleased to announce its results for the 6 months to 30 June 2026 . • • • • Financial Highlights • Funds from operations ( FFO ) of $ 338.8 million or 17.7 cents per security ( cps ) Adjusted funds from operations of $ 263.4 million and a distribution of 12.25 cps Statutory net profit after tax for the half year of $ 400.1 million , with Investment portfolio valuation uplift of $ 45.0 million Net tangible assets per security of $ 5.61 Net gearing of 31.5 % and liquidity of $ 1.0 billion Operational Highlights • • • • • Investment portfolio occupancy ' of 97.6 % Investment portfolio like - for - like net property income ( NPI ) growth of 5.8 % Group assets under management of $ 41.6 billion , representing growth of $ 1.8 billion² or 4.6 % since December 31 , 2025 Gross transactions of ~ $ 1.7 billion GPT's Wholesale Shopping Centre Fund ( GWSCF ) equity raise closed over- subscribed with $ 697 million raised in the period³ GWSCF successfully executed a $ 700 million Asian Term Loan Practical completion of GPT's Wholesale Office Fund ( GWOF ) 51 Flinders Lane , Melbourne development Rouse Hill Town Centre expansion on track and on budget , with practical completion expected in late 2026 Construction commenced on the ~ $ 170 million Melbourne Central expansion GPT's Chief Executive Officer , Russell Proutt , said : " This result reflects the earnings power of the platform we are building , with strong NPI growth reflecting the quality of our assets and active management , while the growing contribution from management earnings reflects our success in attracting investors to deploy alongside us . The development pipeline at Rouse Hill , Melbourne Central and Kemps Creek is also funded and on program . ' Includes heads of agreement ( HOA ) , and Grosvenor Place , Sydney ( Grosvenor ) acquisition which settled December 2025. Excluding Grosvenor , Investment portfolio occupancy ( including HOA ) was 98.2 % . 2 Includes transactions that were contractually committed at 30 June 2026 and completed by 31 July 2026 . 3 Inclusive of secondaries 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 15 , 2 Park Street Sydney NSW 2000 gpt.com.au Experience First