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Scott Rochfort

GPT obtains development consent for 32 Smith Street Parramatta

The GPT Group announced today that it has gained development consent from the City of Parramatta Council to construct a 26,000 square metre office tower at 32 Smith Street Parramatta. Designed by internationally renowned architecture firm Fender Katsalidis, 32 Smith Street will feature a ground level ‘urban room’ event space and an elevated podium terrace […]

GPT unveils plans for new Space&Co. venue at 2 Southbank Boulevard

The GPT Group’s flexible workplace business Space&Co. today announced its plans to open its fourth Melbourne venue at 2 Southbank Boulevard in the second half of 2018. The 1,800 square metre Space&Co. will occupy the entire Level 19 of the premium office building and will be able to accommodate over 200 members. GPT’s Head of […]

GPT continues commitment to reconciliation with launch of Stretch RAP

The GPT Group this week launched its second Reconciliation Action Plan (RAP), continuing its commitment to supporting the social and economic prosperity of First Nations peoples and the broader Australian community. “GPT launched its inaugural RAP in late 2015 and I’m very pleased that we are reaffirming our commitment through the Group’s Stretch Reconciliation Action […]

Space&Co. to open third Melbourne CBD venue at 8 Exhibition Street

The GPT Group’s flexible workplace business Space&Co. today announced its plans to open a new location at 8 Exhibition Street and expand its venue at 530 Collins Street due to strong ongoing demand. The 1,568 square metre Space&Co. at 8 Exhibition Street, due to open in the first half of 2018, will occupy the entire […]

Sydney market tipped for strong recovery

Sydney is tipped to be the best performing global city for premium office rental growth in 2016, according the real estate services firm JLL. “Statistically we believe that Sydney in fact is projected to record the strongest rental growth in 2016 with Tokyo a little way behind,’’ JLL Director of Global Research Jeremy Kelly told […]

GPT and NAB’s light bulb moment

It was a program that resulted from the National Australia Bank’s decision to renew the lease of its Docklands headquarters in Melbourne. In late 2012, NAB extended the lease on the 60,000 square metre GPT Wholesale Office Fund complex from 2016 to 2027 with several “green clauses” included. The clauses required GPT to use its […]

GMF: Metro markets ‘remain compelling’

One year on from its listing on the ASX, the GPT Metro Office Fund (GMF) has reaffirmed that its business case remains as sound as ever at its inaugural annual general meeting. “We believe the benefits for investing in metropolitan office property remain compelling,’’ GMF fund manager Chris Blackmore told the GMF’s shareholders at the […]

The story of Gathering Place

Artist Jasmine Sarin had some reservations when she was first asked by GPT Group to paint an artwork that reflected the company’s values. “I was a bit sceptical at first, thinking it was just a corporate that came in and made buildings and left,’’ says Sarin. Sarin had come into contact with GPT, after one […]

Unlocking employment in Western Sydney

By 2026 it is where more than half of Sydney will live. By then it will have its own international airport, billions of dollars’ worth of new major road and rail links and possibly Sydney’s tallest residential tower. But the key to Western Sydney’s success will not only be about building new transport links. The […]

Click go the bricks

After a decade of traditional retailers scrambling to establish online stores, the tide has turned. Now a growing number of online retailers are rushing to establish a physical presence. This was no better illustrated in February when the world’s largest online retailer Amazon opened its first shopfront in the US. That same month in Australia, […]