ASX Announcements
Market Sensitive
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Dec 12, 2024
- 5 pages
February 2022
GDI homes in on $1.2 billion Perth exposure
The Perth-based fund manager’s tilt toward its home town was already well underway even before the announcement WA’s borders would reopen on March 3.
- Nick Lenaghan
All the profit results for February 21, 2022
Results briefing | News and analysis on today’s profit results from Adairs, Altium, Ampol, BlueScope, Chorus, Cooper Energy, Endeavour, GDI, Hansen, Helloworld, Latitude, Lendlease, Maca, NIB, Nuix, OZ Minerals, Reliance, SelfWealth, Senex, Silver Lake, Sonic Healthcare, Starpharma, Super Retail, Tyro, Viva. Find updated reports and analysis here.
- Andrew Hobbs
November 2021
WA lockdown ‘a two-edged sword’ for Perth office recovery
The hard lockdown has kept the rental income flowing for office owner GDI, but is hampering the state’s broader recovery it says.
- Larry Schlesinger
February 2020
GDI Property prepares for the Perth recovery
The ASX-listed fund manager stepped up its exposure to the West Australian market during the 2020 first half.
- Nick Lenaghan
November 2019
Sydney's GDI Property Group increases Perth presence
GDI has entered into a call option to acquire a $98 million portfolio in the WA capital that is fully leased to high-profile car dealerships.
- Ingrid Fuary-Wagner
October 2018
GDI hoping for 80pc gain on fully-leased 105m Gold Coast tower
GDI Property Group has put the Gold Coast's most prominent office tower on the market and is hoping to make an 80 per cent capital gain.
- Updated
- Larry Schlesinger
October 2017
KPMG SGA accused of giving untrue advice to GDI
KPMG's property consulting arm has been accused of giving misleading advice over the condition of lifts in a commercial building.
- Updated
- Misa Han
August 2016
The highs and lows of REIT reporting: UBS Asset Management
The Real Estate Investment Trust sector reported "strong" half and full year results, according to UBS Asset Management.
- Updated
- Robert Harley
March 2016
Townsville's CBD is 27pc empty
Townsville's residential sector isn't the only casualty in Clive Palmer's nickel job hold, with vacancy rates and rentals continuing to spiral this quarter.
- Updated
- Jordan McMullen
February 2016
GDI Property upgrades earnings expectations
Property syndicator GDI Property Group has upgraded its guidance for its full-year funds from operations as it steadily builds its assets under management towards the amount it controlled before floating in late 2013.
- Nick Lenaghan
December 2015
Clarence Property steers clear of banks to raise $40m
Clarence Property managing director Peter Fahey wants to avoid the influence of banks by raising $40 million to reduce debt and buy property.
- Updated
- Matthew Cranston
November 2014
GDI sees bright future for Perth offices
The $500 million GDI Property Group has shrugged off concerns about the weakening Perth office market after a Credit Suisse Report said the central business district vacancy rate would peak at 18 per cent next year.
- Updated
- Larry Schlesinger
GDI looks to go with new fund
Listed fund manager GDI Property Group is looking to launch a new fund after the sale of a trophy asset on Castlereagh Street in Sydney delivered a war chest to bankroll new acquisitions.
- Nick Lenaghan
CBD sale prompts GDI to eye $200m assets interstate
GDI Property Group will use the proceeds from its 233 Castlereagh Street sale to hunt for a new asst in Sydney or Melbourne worth up to $200 million.
- Mercedes Ruehl
VIG has grand plans for $156m Sydney Tower
Visionary Investment Group, a Shanghai-based fund manager, has grand plans for the Sydney CBD office tower it agreed to buy from GDI for $156 million.
- Robert Harley
Property briefs
The Centuria Metropolitan REIT has raised a well-oversubscribed $113 million to successfully underpin its launch. The new fund will hold low geared industrial and suburban office assets and deliver an initial annualised distribution yield of 8.25 per cent. Robert Harley
GDI Property sells Castlereagh St tower
The GDI Property Group has conditionally sold its 233 Castlereagh Street tower in the Sydney CBD for $156 million.
- Updated
- Robert Harley
Redford and Blanchett set for Sydney CBD
When a tenant enquires for office space with “non-descript” views in Sydney, famous Hollywood movie stars Robert Redford and Cate Blanchett, would be the last people you would suspect to be behind the request.
- Mercedes Ruehl
REITs post six-month high
Australian real estate trusts changed gear in October, posting their best performance in six months and reversing most of the huge fall experienced in September.
- Mercedes Ruehl
September 2014
REITs in major sell-off
A falling Australian dollar, rising interest rates and debate about whether tighter lending restrictions are necessary have helped the Australian real estate trusts chalk up their worst month in more than three years.
- Updated
- Mercedes Ruehl