Australia's GPT Group set for best week in over a month on office space purchase

GPT

18/09/2026 05:38

** Shares of Australia's GPT Group GPT.AX have risen 2.5% during the week, on track to log best week since Monday, July 27
** Retail assets operator on Monday purchased a 23-level office tower in Birsbane's "Goldern Traingle" precinct
** Adds, deal for A$380 million($271.02 million)and additional acquisition costs
** Stock down 17.2% this year, including sessions' moves and down 0.5% on the day


($1 = 1.4021 Australian dollars)

 (Reporting by Shravya Marakini in Bengaluru)
 ((shravya.marakini@thomsonreuters.com;))