GPT Group (The): Diversified portfolio and conservative financial management will continue to provide income stability
CORPORATES ISSUER IN-DEPTH 14 December 2017 RATINGS GPT Group Domicile Australia Issuer Rating A2 Outlook Stable Source: Moody's Investors Service KEY METRICS: GPT Group 6/30/2017Â 12/31/2016Â 12/31/2015 Net Debt/ EBITDA 5.0x 4.8x 4.8x Debt/Gross Assets 26.2%GPT Group owns and manages a portfolio of Australian retail, office and logistics assets. Co. operating segments include: Retail, which owns, develops and manages regional and sub-regional shopping centers and its equity investment in GPT Wholesale Shopping Centre Fund; Office, which owns, develops and manages CBD office properties with some related retail space, and its equity investment in GPT Wholesale Office Fund; Logistics, which owns, develops and manages logistics and business park assets; and Funds Management, which manages two Australian wholesale property funds in the retail and office sectors. At Dec 31 2016, Co. had 13 shopping centers, 23 office assets and 24 logistics assets.
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