General Property Trust Limited , trading as GPT Group, is an Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

n company (also known as an Australian Stock Exchange

Australian Stock Exchange

The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....

 listed stapled entity) that is a property investor and manager in Australia, Europe and the United States. It has been publicly listed in Australia since April 1971, and for several years until the early 2000s was owned by the Lend Lease Corporation

Lend Lease Corporation

Lend Lease Group is a global property and infrastructure company headquartered in Sydney, Australia...

, with Westfield Group's Frank Lowy maintaining a 6.5% stake.

The company made headlines in the Australian Financial Review throughout 2004 and early 2005 as the company, which is now independent, was courted by both Lend Lease and Stockland

Stockland (company)

Stockland is a diversified Australian property development company.Founded in 1952 as a residential developer, it listed on the Australian Stock Exchange in 1957 and diversified into commercial developments in the 1960s.Its current activities include:...

 for a merger - however, its unitholders rejected both offers.

Its largest shareholder is the Government of Singapore Investment Corporation

Government of Singapore Investment Corporation

The Government of Singapore Investment Corporation Private Limited is a sovereign wealth fund established by the Government of Singapore in 1981 to manage Singapore's foreign reserves...

 after the sovereign wealth fund

Sovereign wealth fund

A sovereign wealth fund is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds invest globally. Some of them have grabbed attention making bad investments in several Wall Street financial...

 assisted to recapitalise it in October 2008.