-- GPT Group (ASX:GPT) has confirmed the close of its GPT wholesale shopping center fund (GWSCF) equity raise, which attracted strong investor demand and was capped at around AU$610 million, surpassing its original AU$500 million target, according to a Thursday filing with the Australian bourse.
The funds will be used to support its future growth initiatives, the filing added.
The company's shares fell around 1% in recent Thursday trade.