General Property Trust was managed by
Lendlease until it was internalised in 2005 and linking up with
Babcock & Brown. It continues to have a few properties managed and co-owned by Lendlease. GPT focuses on active ownership of Australian real estate in a portfolio valued at more than $20 billion that includes retail, office, logistics, and business park assets. This focus is accompanied by Funds Management and selective development. In 2001, GPT purchased the Australian resorts portfolio of
P&O. In February 2021, the company signed an $800 million 50:50 joint venture with an industrial-focused Canadian fund manager,
QuadReal Property Group. == Accolades ==