UPDATE: The latest analysis from Macquarie Group Ltd has ignited excitement for GPT Group (ASX: GPT), predicting a robust outperformance in 2026. As of today, GPT shares are trading at $5.55, reflecting a modest 0.4% increase from yesterday’s close of $5.53. This surge contributes to an impressive 25.6% climb in 2025, significantly outpacing the S&P/ASX 200 Index’s 4.1% gains.
Investors are keenly watching the unfolding developments as GPT Group’s unfranked dividend yield stands at 4.3%, making it an appealing option for passive income seekers. Macquarie’s analysts expect this momentum to continue, citing potential strategic partnerships that could enhance GPT’s retail footprint.
In a newly released report, Macquarie highlighted GPT Group’s interest in expanding management control over the Sunshine Plaza in Queensland and Macarthur Square in New South Wales. Currently, GPT holds partial ownership of both centers. The firm is poised to capitalize on a partnership opportunity with Australian Prime Property Fund Retail (APPF Retail), which could unlock greater management rights.
Macquarie stated: “GPT and GWSCF may exercise pre-emptive rights to gain wider management rights to co-owned assets.” This strategic move could result in an estimated 0.2% to 0.4% increase to FY26 Funds From Operations (FFO), based on projected investment management fees.
The report emphasizes the importance of an upcoming $500 million equity raise by GWSCF, which is crucial for GPT to acquire either or both assets. Without this raise, the partnership strategy may falter. Macquarie maintains an outperform rating on GPT Group, setting a $6.23 target price for the next twelve months, indicating a potential upside of over 12% from current levels.
With two dividends on the horizon, the economic prospects for GPT are promising. Macquarie concluded, “Execution of strategy offers upside potential to valuation in the medium to long term.” Investors are urged to keep a close eye on GPT Group as they navigate these pivotal developments.
As this story evolves, market watchers and investors alike are likely to share the news rapidly, given the significant implications for the Australian property market and the broader ASX index.
For those considering investment in GPT Group, it’s essential to weigh these insights carefully, especially in light of expert recommendations from reputable sources like Motley Fool, which recently highlighted alternative stock options.
Stay tuned for further updates as this situation develops, impacting not just GPT Group, but the wider market landscape in Australia.
