Full Year 2023 GPT Group Earnings Call Transcript

Feb 18, 2024 / 11:30PM GMT
Bob Johnston - The GPT Group - CEO, MD & Executive Director

Good morning everyone, and welcome to GPT 2023 Annual Results Briefing.

Joining me for today's presentation are Dean McGuire, Group Interim CFO, Chris Barnett, Head of Retail, Martin Ritchie, Head of Office, and Chris Davis (Trades, Portfolio), Head of Logistics. I would like to start by acknowledging the traditional custodians of the lands on which our business and assets operate. I pay my respects to elders past, present and emerging and 21st Nations people that have joined the briefing.

I'm pleased to report that we have delivered results for the year in line with guidance provided at the beginning of the period. FFO per security for the full year was AUD31.37, down 3.2% on the prior year. The lower FFO result was primarily driven by the

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