Highlights

• GPT Group (ASX:GPT) has agreed to acquire 66 Eagle Street in Brisbane for A$380 million plus transaction costs.
• The A-grade tower was 95.5% occupied and offered around 32,000 square metres of net lettable area at the time of the transaction.
• The Acquisition will sit within GPT’s value-add Partnership and lifts deployment through the platform beyond A$500 million.
• Completion is expected in November 2026, subject to Foreign Investment Review Board approval.

GPT Group (ASX:GPT) is increasing its exposure to Brisbane’s office market through the proposed A$380 million acquisition of 66 Eagle Street, an A-grade tower in the city’s Golden Triangle precinct.

The transaction…