The GPT Group stock: OOh!media extends GPT Group partnership. What it means for The GPT Group stock

Published on 10/23/2026 at 02:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The GPT Group reported AUD 400.10 million profit in the first half of 2026. The GPT Group stock had AUD 9.1 billion market value.

Partnership and operating figures

OOh!media extended its GPT partnership on October 12, 2026.
Funds from operations reached AUD 338.80 million in the first half of 2026.
The GPT Group had a market capitalization of AUD 9.1 billion as of October 23, 2026.

GPT, AU000000GPT8, Illustration mit AI erstellt.

The GPT Group (ISIN AU000000GPT8) reported statutory net profit of AUD 400.10 million for the first half of 2026, according to The Bull. The latest company-related development was a partnership update dated October 12, 2026, when OOh!media extended its partnership with GPT Group, as reported by MarketScreener.

Half-year cash flow remains central

The operating picture is stronger than the headline profit alone suggests. Funds from operations reached AUD 338.80 million, or AUD 0.18 per security, in the first half of 2026. Like-for-like net property income rose 5.80 percent, while portfolio occupancy stood at 97.60 percent during the same reporting period, according to The Bull.

GPT also reaffirmed full-year funds-from-operations guidance of AUD 0.35 per security and a distribution of AUD 0.25 per security for 2026. Assets under management reached AUD 41.60 billion, giving the property group a sizeable platform across retail, office and logistics assets. Office remains the key operating counterweight because vacancy is higher than in the retail and logistics portfolios.

What does the partnership mean?

The OOh!media agreement adds a commercial relationship to a results picture built on recurring property income. For investors, the more important comparison is between current cash generation and the full-year distribution: first-half funds from operations were AUD 338.80 million, while management guided to AUD 0.35 per security for the full year. The figures point to income support, but they do not remove the office exposure described in the October 2026 market review.

Next reporting date is February 15

The next reporting date identified for GPT Group is February 15, 2027, according to TradingView. Before then, the market is likely to weigh distribution coverage, leasing progress and the contribution from the funds platform against the office portfolio's weaker occupancy profile.

ASX valuation sets the market context

The GPT Group was trading at AUD 4.75 on the ASX on October 23, 2026 at 10:38 a.m. AEDT. Its market capitalization was AUD 9.1 billion, with a 52-week range of AUD 4.35 to AUD 5.75. The stock therefore stood AUD 1.00 below its 52-week high, a gap of 17.39 percent calculated from the high. Jarden maintained a Buy rating and set an AUD 5.07 target on October 14, 2026, as reported by Markets Insider. The target was AUD 0.32 above the ASX price, or 6.74 percent above it.

The further course of trading is shown by the continuously updated real-time quote of The GPT Group stock.