India, Nov. 5 -- The GPT Group (GPT.AX), an Australian real estate investment and funds management company, Thursday reported average occupancy of 97.6% for the third quarter ended September 30, 2026, compared with 98% a year earlier. Weighted average lease expiry (WALE) stood at 4.4 years.
In the Retail investment portfolio, occupancy was 99.7%, with a WALE of 3.8 years. The Office investment portfolio recorded occupancy of 92.8% and a WALE of 4.7 years, while the Logistics portfolio reported occupancy of 98.7% and a WALE of 4.8 years.
Looking ahead, the Group maintained its full-year 2026 outlook, expecting funds from operations (FFO) of approximately 35.4 cents per security, representing growth of around 4% from 2025, or 5.7% excluding...