GDI is an integrated, internally managed commercial property investor with capabilities in the identification and execution of acquisition opportunities, and then the ownership, management, development, refurbishment, leasing, and syndication of assets.
GDI is structured as a stapled security to enable it to participate in both the ownership of properties either directly (wholly owned) or indirectly (asset partnerships or co-investment stakes) via the Trust, and to receive earnings from fund management fees, car park operations, the provision of co-living accommodation, and development, via the Company and its subsidiaries.
We intend to always hold a portfolio of office properties in the Trust (“Property Division”). These office properties will typically have either been developed by us or purchased for below replacement cost and have additional upside potential through development, redevelopment, refurbishment and releasing.
We seek to acquire these properties in markets where we believe there will be strong demand fundamentals and limited supply. Such properties are generally well located, core CBD properties with the potential to create boutique accommodation solutions for our clients, our tenants. Actual or potential vacancy and under-utilised space often provides opportunities for repositioning and new leasing upside. The development and leasing teams consistently pursue initiatives to unlock additional value in order to grow company earnings.
Currently the Company and its subsidiaries operate a Funds Business, two Perth CBD carparks, and has a 50% interest in a joint venture in the co-living mining accommodation sector.
GDI Property Group (GDI) comprises the stapled entities GDI Property Group Limited (ACN 166 479 189) (“the Company”) and GDI Property Trust (ARSN 166 598 161) (“the Trust”) and their controlled entities.
24
Properties under management
88.2%
Property portfolio occupancy as at 30/06/2025
$1.25 Billion
of funds under management as at 30/06/25
Property Division
GDI seeks to acquire properties in markets where we believe there will be strong fundamentals and limited supply. Our portfolio is typically characterised by property purchased at below replacement cost, core CBD location, and strong potential for value creation through development, refurbishment and continued lease profile improvements.
Unlisted Funds Management
GDI currently operates four unlisted, unregistered managed investment schemes (unlisted trusts). These unlisted trusts are closed, single asset although in certain circumstances funds will be multi-asset funds where the exit opportunity for investors aligns with the asset management strategy. To further understand our Funds and the properties within them, please click here
Co-Living Accommodation
In joint venture with Tulla Group, GDI own, manage and syndicate ‘co-living mining accommodation facilities’ (Co-living JV).The Co-living JV currently operates three facilities, one in each of Norseman, Newman and South Hedland, all in Western Australia.
What are GDI’s Points of Difference
Off Market Discovery
We actively seek value-add commercial property opportunities in Australia. The executive team is connected and well versed in the national real estate markets, and supplements this experience with highly regarded research, allowing GDI to source opportunities others may not.
Total return focus
We believe that GDI is unique in the Australian REIT market, in that we have a total return focus when considering real estate acquisitions and divestments, and are not merely focused on the short term impact to earnings or Funds From Operations.
Refurbishing, adapting, reusing, developing
We have a long track record in refurbishing office buildings, improving their amenity, appeal, performance, NABERS rating and consequentially, their tenancy profile. We also consider ourselves market leaders in adaptive re-use, having delivered Perth's first steel and timber office building on top of a concrete carpark.
Understanding our clients' needs
We understand that the accommodation we provide for our clients, our tenants, must align with their business strategies and values. Increasingly, this involves greater amenity, increased flexibility and a heightened focus on ESG considerations. We are delivering accommodation solutions to our tenants that meet these objectives.
No asset is sacred
We are not afraid to sell an asset. Although we like to enjoy the fruits of our labour (being secure rental income streams), once an asset has been refurbished or re-developed and has an optimal lease profile, we will consider divesting. We understand that owning real estate is capital intensive and generally capital is scarce, so if an opportunity arises to recycle that capital, we will consider it.
We are agile
Our systems, practices and processes are the equal of our peers, but as a very small team we can act quickly and decisively.