Research About Gpt Group
By: power20 • Essay • 286 Words • May 5, 2011 • 1,126 Views
Research About Gpt Group
GPT Group is one of Australia's largest diversified listed property group that invests in quality retail, office and industrial/business park assets.
This report analysis the GPT Group's financial reports for year ended 30 June 2010. Initially, the report provides the important activities undertaken by the company and the strategy used by the company.
Also, this report identifies, explains and analysis some of the important key accounting policies relevabnt to the GPT Group's success and have listed the flexibility that the management has had in accounting for certain items.
1. Introduction
General Property Trust Limited(ASX:GPO) trading as GPT Group, is an Australian company that is a property investor and manager in Australia, Europe and the United States. It has been publicly listed in Australia since April 1971. The group is focused on active ownership of high quality Australian real estate in the retail, office and industrial/business park sectors, fund management and selective development.
2. Financial press of GPT Group
GPT Group has sold stakes in its two unlisted units for $216 million to retire debt and restructure interest rate