GPT announces its 2026 Interim Result

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Stock GPT Group (GPT.ASX)
Release Time 17 Aug 2026, 7:31 a.m.
Price Sensitive Yes
 GPT Group Announces Strong Interim Results for 2026
Key Points
  • FFO of $338.8 million or 17.7 cents per security
  • Adjusted funds from operations of $263.4 million
  • Statutory net profit after tax of $400.1 million
Full Summary

The GPT Group (GPT) has announced its results for the six months to 30 June 2026, showcasing robust financial and operational performance. Key highlights include Funds from Operations (FFO) of $338.8 million, Adjusted Funds from Operations of $263.4 million, and a statutory net profit after tax of $400.1 million. The investment portfolio occupancy stood at 97.6%, with like-for-like net property income growth of 5.8%. GPT's assets under management grew to $41.6 billion, reflecting a 4.6% increase since December 31, 2025. The Wholesale Shopping Centre Fund (GWSCF) equity raise was oversubscribed, raising $697 million. The company also successfully executed a $700 million Asian Term Loan. Development projects, including the Rouse Hill Town Centre expansion and Melbourne Central expansion, are on track. GPT's Chief Executive Officer emphasized the earnings power of the platform and the company's success in attracting investor capital.

Guidance

Expected FY 2026 FFO of 35.4 cents per security, 4% growth on FY 2025

Outlook

Barring unforeseen circumstances, GPT expects to deliver FY 2026 FFO of approximately 35.4 cents per security, representing approximately 4% growth on FY 2025.