GPT Group Announces Liquidity Proposal and Board Appointments
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GPT Group announced that investors approved a liquidity proposal at their Annual General Meeting, deferring a 10-year liquidity event to July 2028 and allowing up to 25% upfront liquidity. The base management fee structure has been temporarily modified. Additionally, Christopher Judd and Simone Desmarchelier were appointed as independent directors to the Board of GPT Funds Management Limited. The current analyst rating for GPT stock is a Hold with a price target of A$5.55.
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