GPT Wholesale Shopping Centre Fund was founded in 2018 and is based in Toronto, Canada, with the primary purpose of investing in and managing a diversified portfolio of retail properties across North America. The fund focuses on delivering strong returns through its ownership of high-quality shopping centers, appealing to both institutional and retail investors through its comprehensive asset management strategies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GPTWSC 4.49% 2028-02-28 AUDGPT Wholesale Shopping Centre Fund | Australia | 2028-02-28 | 4.490 | 4.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, GPT Wholesale Shopping Centre Fund has been actively involved in bond issuances, beginning its first issuance in 2019 to finance expansion projects. Notably, in 2021, it raised $100 million through a series of corporate bonds with attractive yields that outperformed the retail sector average, driven by a rise in consumer spending post-pandemic. The bonds come with a unique option for investors to convert into equity, reflecting the fund's innovative approach to capital structure. Additionally, recent market reports indicate increased interest in these bonds due to their competitive yields and solid backing from the robust retail real estate market.