Stable cash flow from a diversified portfolio of high-quality Australian retail, office, and industrial property assets Favorable market position for the majority of the fund's assets Exposure to discretionary consumer expenditure and the cyclical office and industrial property markets Leverage likely to track at the lower end of the fund's gearing range Ongoing refurbishment and development exposure Adequate liquidity position to accommodate its capital needs The stable outlook on GPT Group reflects our expectation that the group will continue to grow its high-quality asset base consistent with its diversified strategy, produce solid rental income, and adopt a moderate operating strategy. We believe that GPT's commitment to disciplined financial policies and financing strategy will maintain its credit metrics consistent with funds
