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GDI Property Group Finalizes Sale of Innaloo Property

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GDI Property Group Finalizes Sale of Innaloo Property

Elevate Your Investing Strategy:

GDI Property Group ( (AU:GDI) ) has shared an update.

GDI Property Group has announced the unconditional sale of 6 Sunray Drive, Innaloo, Perth, held by GDI No. 43 Property Trust. The settlement is set for June 19, 2025, and the Trust is expected to deliver a 9.0% annual internal rate of return. Although GDI does not hold units in the Trust, it will receive a disposal fee, highlighting a strategic move that could impact its financial positioning.

The most recent analyst rating on (AU:GDI) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on GDI Property Group stock, see the AU:GDI Stock Forecast page.

More about GDI Property Group

GDI Property Group is a company involved in the property industry, focusing on property management and investment through its various trusts and entities.

Average Trading Volume: 571,552

Technical Sentiment Signal: Buy

Current Market Cap: A$370.8M

See more insights into GDI stock on TipRanks’ Stock Analysis page.

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