General Property Trust
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| GPT Group | |
|---|---|
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| Type | public |
| Founded | 1971 |
| Headquarters | Sydney, Australia |
| Industry | property trust |
| Website | http://www.gpt.com.au |
General Property Trust Limited (ASX:GPT), trading as GPT Group, is an Australian company (also known as an Australian Stock Exchange listed stapled entity) that is a property investor and manager in Australia, Europe and the United States. It has been publicly listed in Australia since April 1971, and for several years until the early 2000s was owned by the Lend Lease Corporation, with Westfield Group's Frank Lowy maintaining a 6.5% stake.
The company made headlines in the Australian Financial Review throughout 2004 and early 2005 as the company, which is now independent, was courted by both Lend Lease and Stockland for a merger - however, its unitholders rejected both offers.
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