GDI Property Group (ASX:GDI)
A$ 0.59 0.01 (1.72%) Market Cap: 317.09 Mil Enterprise Value: 687.64 Mil PE Ratio: 0 PB Ratio: 0.48 GF Score: 70/100

Full Year 2022 GDI Property Group Ltd Earnings Call Transcript

Aug 22, 2022 / 04:30AM GMT
Release Date Price: A$0.925 (-1.07%)
Operator

Good day and welcome to the GDI Annual Results Teleconference.

Today's conference is being recorded. At this time, I would like to turn the conference over to Steven Gillard.

Please go ahead, sir.

Steven Neville Gillard
GDI Property Group - MD & Director

Welcome, everybody, to GDI's annual results.

I'm just going to start off with the leasing market in Perth. [So] we're not as progressive as we'd like to be, but however, the borders only opened in late March. And we've -- since then, we've done over 8,000 square meters of leasing deals. And we have significant amount of proposals [out, and we're] on short lists. And we're certainly seeing significant levels of inquiry from the larger tenants and remain very confident in the short- to medium-term outlook of that Perth office market and with the significant amount of projects and growth. We've -- since the borders have opened, we have done significant leasing. And we're very confident in that market in the short term -- short to medium term.

Operational highlights. Our

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