Feb 24, 2025 / 03:30AM GMT
Operator
Thank you for standing by and welcome to the GDI half-year results teleconference. (Operator Instructions)
I would now like to hand the conference over to Mr. Stephen Burns, Managing Director and CEO. Please go ahead.
Stephen Burns - GDI Property Group Ltd - Chief Executive Officer, Managing Director, Director
Good afternoon and thanks for joining the GDI. I'm joined by Dave Williams, our CFO.
Our key frame has been our leasing efforts and with over 16,000 square meters of office space. Lease in the December half we're continuing to deliver on what we said we would do, notwithstanding a slower market of overall leasing inquiry in the December half, we were able to achieve a very good result. And leasing and inquiry deals has started calendar '25 on a very strong note. Anecdotally, CBRE put out a recent release showing that 11 deals have been done this year, which compared with 42 for the whole of calendar '4. So strong outcomes so far this year.
We recorded a 26% increase in FFO on the PCP. Importantly, property FFO increased by some
Half Year 2025 GDI Property Group Ltd Earnings Call Transcript
Feb 24, 2025
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