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Scott Rochfort

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, […]

GPT launches Reconciliation Action Plan

GPT Group today launched its inaugural Reconciliation Action Plan (RAP), which contains a raft of commitments and targets aimed at helping close the disadvantage gap faced by many Aboriginal and Torres Strait Islander Australians. The launch in GPT’s Sydney headquarters was opened by a Welcome to Country from Gadigal Elder Uncle Allen Madden. GPT chief […]

Sydney’s white-collar riding boom

Sydney is often cited as one of the world’s less friendly cities for cyclists. Often singled out for its impatient motorists and lack of bike lanes, Australia’s largest city is far from cycling paradise. Despite these challenges, a record number of commuters are now travelling to work by bike in Sydney. Between 2006 and 2011, the […]

Casuarina on track for Australia’s largest solar rooftop

The GPT-managed Casuarina Square in Darwin is on track to have the largest single solar rooftop system in Australia with the installation of more than 4000 solar PV modules on its roof due to be complete by the end of next month. Installation of the $4.5 million 1.25MW (megawatt) system is now underway and it […]

Is this the end of the Gruen Transfer?

When work interferes with life, it can result in employees getting burned out and decreases base morale in the office.