Brief: GPT Group Continues To Expect 2022 FFO Of 31.7-32.4 Au Cents/Security

GPT

11/05/2022 02:27

May 11 (Reuters) - GPT Group  GPT.AX :
    * MARCH 2022 QUARTER OPERATIONAL UPDATE-GPT.AX
    * CONTINUES TO EXPECT 2022 FFO IN RANGE OF 31.7 TO 32.4 AU
CENTS
PER SECURITY
    * CONTINUES TO EXPECT 2022 DISTRIBUTION OF 25.0 AU CENTS PER
SECURITY
    * CONTINUES TO BE WELL PLACED TO DELIVER ON EARNINGS AND
DISTRIBUTION GROWTH IN 2022
    * WHILE OFFICE LEASING ENQUIRY WAS RELATIVELY MUTED DURING
Q1,
EXPECTED THAT ACTIVITY LEVELS WILL INCREASE AS PEOPLE RETURN TO
WORKPLACE
    * RETAIL SALES ARE RECOVERING WITH MARCH SALES ACROSS
PORTFOLIO
GENERALLY WELL ABOVE 2019 LEVELS

Source text for Eikon:  ID:nASX9Mzclv 
Further company coverage:  GPT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))