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Showing 111 - 120 of 124 results for "GPT"

S&P places Lend Lease, GPT ratings on credit watch

AAP  |  WEDNESDAY, 26 MAY 2004
Standard & Poor's Ratings Services said that following the announcement of a merger between General Property Trust (GPT) and Lend Lease Corp. (LLC) it is placing the ratings on each entity on CreditWatch. The A-plus/A1 ratings on GPT are placed on CreditWatch ...

Lend Lease to merge with GPT

AAP  |  TUESDAY, 25 MAY 2004
Property developer Lend Lease on Monday announced plans to merge with General Property Trust (GPT) to form a $10 billion property group. Under the merger 59% would be owned by GPT unit holders and 41% by Lend Lease shareholders. Under the plan Lend ...

Lend Lease and GPT expected to announced merger plan

AAP  |  MONDAY, 24 MAY 2004
Property developer Lend Lease is expected to announce today a plan to merge with General Property Trust (GPT) to form a $10 billion property group. Lend Lease - which manages GPT via an external structure - said chief executive Greg Clarke would update ...

Market wrap

AAP  |  MONDAY, 24 MAY 2004
... one point softer at 3405 on a volume of 576 contracts. Lend Lease is expected to make an announcement on its intentions for GPT today. Annual results are expected from property maintenance group Programmed Maintenance Services and property developer ...

Lend Lease, General Property Trust in trading halt

AAP  |  FRIDAY, 21 MAY 2004
... ahead of an announcement concerning their "future relationship". In a statement released to the ASX, General Property Trust (GPT) said the halt was requested "following the initiation [yesterday] by Lend Lease Corporation of discussions with GPT concerning ...

GPT says remains on track to deliver targeted growth for 04

AAP  |  WEDNESDAY, 5 MAY 2004
... for the 12 months to 31 March of $8,461 per square metre across the Portfolio (and $8,885 per square metre for regionals). GPT said reasonable specialty occupancy costs, at 14.4%, provides a platform for continued rental growth in that portfolio. It ...

No plans to merge with Lend Lease, says General Property chairman

AAP  |  FRIDAY, 30 APR 2004
... Property Trust chairman Richard Longes yesterday there was no proposal before the trust concerning any merger with Lend Lease. GPT has recently been the subject of speculation concerning a link up with Lend Lease along the lines of the Westfield mega-merger ...

Lend Lease eyes GPT for merger

AAP  |  MONDAY, 26 APR 2004
... saying Lend Lease was now under increasing pressure to follow the lead set last week by Westfield Holdings. The stapling of GPT's shares and units would reduce fees and remove a layer of management. Such a move would also give Lend Lease extra capacity ...

GPT optimistic on office sector recovery

AAP  |  FRIDAY, 30 JAN 2004
... biggest diversified property trust General Property Trust is cautiously optimistic about a recovery in the office sector. GPT posted an 8.8% increase in net profit to $420.2 million for calender 2003, with all five sectors - retail, office, hotel, industrial ...

GPT expects strong retail, industrial income growth

AAP  |  THURSDAY, 29 JAN 2004
... expects to experience strong growth in retail and industrial income and an improvement in office and tourism markets in 2004. GPT said net profit for the 12 months to December 31, 2003 was up 8.8% to $420.2 million. GPT declared earnings per unit for ...