2 stories mentioning ASX:GDIUpdated 1h ago
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GDI Property Group (ASX:GDI) declared a dividend of AU$0.025 per security for the six months through June, payable Aug. 31 to shareholders of record as of June 30, according to a Friday filing with the Australian bourse.The dividend is unchanged from a final distribution the company declared in February for the six months through December 2025, and from its dividend in the year-ago period.
GDI Property Group (ASX:GDI) reached deals to sell the remaining five properties in the Autoleague portfolio, owned by GDI No. 46 Property Trust, for about AU$42.8 million, according to a Thursday filing with the Australian bourse.The company acquired the 17-asset portfolio in February 2020 for AU$98 million and started selling it down in early fiscal 2025. Following the settlement of the last five assets on Aug. 19, investors are expected to receive a final capital return of about AU$0.344 cents per unit, bringing aggregate capital returns to over AU$1.40 per unit.GDI owns a roughly 47.2% stake in the trust and will receive about AU$12.2 million from the final capital return, as well as disposal and performance fees of about AU$6.2 million, the company said.
