• Occupancy of 98.0% across investment portfolio
• Retail portfolio occupancy at 99.6% with WALE of 3.9 years
• Total centre sales up 3.4%, specialty sales up 4.8% vs 2024

The GPT Group has provided an operational update for the Group's Investment portfolio for the quarter ending 30 September 2025. Occupancy across the portfolio was 98.0%, with a weighted average lease expiry (WALE) of 4.4 years. The Retail Investment portfolio occupancy was 99.6% with a WALE of 3.9 years. Total Centre sales for the quarter were up 3.4% and Total Specialty sales increased 4.8% compared to the previous corresponding period in 2024. Total Centre moving annual turnover (MAT) was up 3.8% and Specialty MAT was up 2.4%. Specialty sales productivity of $13,559 per square metre was achieved for the Investment portfolio, with Specialty occupancy costs averaging 15.7%. The Office Investment portfolio delivered strong occupancy of 95.2% and a WALE of 4.7 years. The Logistics Investment portfolio occupancy was 98.4% with a WALE of 4.7 years. Post quarter end, the Group exchanged contracts for a 50% interest in Grosvenor Place, Sydney valued at $860 million. Barring unforeseen circumstances, GPT has provided updated 2025 guidance of Funds from Operations (FFO) of approximately 34.0 cents per security, which represents growth of approximately 5.5% on the previous corresponding period, up from previously provided guidance of FFO of no less than 33.2 cents per security. The Group maintains its 2025 distribution guidance of 24.0 cents per security.

Barring unforeseen circumstances, GPT provides updated 2025 guidance of Funds from Operations (FFO) of approximately 34.0 cents per security, which represents growth of approximately 5.5% on the previous corresponding period.

The Group maintains its 2025 distribution guidance of 24.0 cents per security.