GPT moves to increase funds under management
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Property group GPT is joining the rush together with its listed real estate investment trusts (REIT) peers to increase its funds management platform, which is run through its wholesale office and shopping centre trusts.
GPT has $12.9 billion of assets in the management platform and group chief executive Bob Johnston says there is significant scale in the sector for growth. CEO of GPT, Bob Johnston
Credit:Cole Bennetts
Speaking at the annual general meeting on Thursday, Mr Johnston said the funds management platform was an important part of the business that group was seeking to grow.
Nana Mouskouri and her music transcends generations and in the case of Ashley Dyer, holds a very special place in her family.
Ms Dyer is a Melbourne based self taught fashion designer and maker, who places great emphasis on making sure her brand is sustainable.
In preparation for a cousin’s ‘pop star’ themed birthday, the Uncle Phuncle founder paid homage to her family’s beloved pop singer, whipping out a blue maxi dress she had sewn together a few years prior, popped on a wig and Nana’s signature glasses.
“Going to party full of Greeks I thought I had to play to my audience here and go as Nana! Nana has always been so treasured in our household. In 1985 my dad actually directed The Mike Walsh Show and got to meet her and yiayia and pappou were in the audience that night,” she told
Landlords re-lease as department stores downsize
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Shopping centre landlords and retailers are undertaking further restructuring in malls to adapt to new shopping habits and how consumers use malls in the post-pandemic era.
While tenants such as department stores have shrunk stores over recent years, there has been a fresh wave of activity to future-proof malls by landlords, allocating space to new tenancies by downsizing areas where space is no longer required.
One consideration for landlords is that department stores take an average 20 plus 20-year lease in a mall and can negotiate lower average leases. Smaller stores have shorter leases and are charged higher rents, which make them more attractive for owners.
Landlords re-lease as department stores downsize brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.
The coronavirus pandemic has produced an unexpected love story for the ages after social distancing restrictions led to two brothers marrying two sisters at the same altar.
Brothers Mark and Anthony Chetcuti married sisters Lisa and Leanne Alyas in a surprise double wedding ceremony on December 12 none of them had imagined was on the horizon just a year before. It s everything we hoped for and more, said newlywed Lisa. After everything that s happened, it s even better than what we expected.
A stunning surprise double wedding made two couples happier than they ever dreamt they could be on December 12 - a spectacular summer s day in Melbourne