GPT Group (ASX:GPT) reported group investment portfolio average occupancy of about 98%, and a weighted average lease expiry (WALE) of 4.5 years for the quarter ended March 31, according to a Wednesday filing with the Australian bourse.
Retail investment portfolio occupancy was close to 100%, with a WALE of 3.8 years, while total center sales were up 4.2%, and total specialty sales increased 3.9% on the previous corresponding period, the filing said.
The company reaffirmed its fiscal 2026 guidance of funds from operations of about AU$0.354 per security and distribution of AU$0.245 per security, per the filing.
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