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GPT Group (ASX:GPT) Other Assets for Insurance Companies


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What is GPT Group Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


GPT Group (ASX:GPT) Business Description

Industry
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Address
25 Martin Place, Level 51, Sydney, NSW, AUS, 2000
GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.