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
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Half Year 2023 GDI Property Group Ltd Earnings Call Transcript

Feb 20, 2023 / 03:30AM GMT
Release Date Price: A$0.81 (-0.61%)
Operator

Thank you for standing by, and welcome to the GDI Half Yearly Results Teleconference. (Operator Instructions).

I would now like to hand the conference to Mr. Steven Gillard, Managing Director. Please go ahead.

Steven Neville Gillard
GDI Property Group - MD & Director

Welcome, everyone, to our half yearly results. I'm also with David Williams, our CFO. Well, it's nice to sort of have some good news and a bit of a nice turnaround for us this half. I'll talk about the WS2 project, which has been a little bit delayed because of finding staff, inclement weather. However, the practical completion is due around about first quarter of this year. We've already signed 2 heads of agreement for 5 floors, and we have significant interest in the remaining.

Yes, so the building has been -- look, 6 months ago, there wasn't too much about sort of carbon neutrality. But in the last few months, tenants are really wanting an environmentally friendly building. Both of the tenants we've signed are going to sign up a green power, and it looks like we could

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