GMG, LLC and GPT: How are these ASX200 real estate stocks performing?

3 min read | April 26, 2022 07:05 PM AEST | By Ritwika

GMG, LLC and GPT: How are these ASX200 real estate stocks performing? — Image source: © Stokkete | Megapixl.com

Highlights

All the real estate stocks closed in red today as the entire sector closed in red. However, Lendlease is an exception as it closed in green.

All the stocks were in focus today, as they were traded heavily during today’s trading session on the ASX.

The S&P/ASX 200 Real Estate sector (ASX:XRE) closed 0.693% lower at 3638 on the ASX today (26 April). The share price of the ASX 200 Real Estate sector has gained by more than 8% on the ASX over the past 12 months. On the other hand, XRE’s year-to-date share price fell over 7% on the ASX today (26 April).

This article primarily focuses on and analyses the performance of three big ASX 200 real estate giants- Goodman Group, Lendlease and GPT Group.

Goodman Group (ASX:GMG)

The shares of Goodman Group (ASX:GMG) closed 0.423% lower at AU$23.52 per share on the ASX today (26 April). Approximately 4.2 million shares of Goodman Group were traded throughout the entire trading session on the ASX today.

Goodman Group is an ASX-listed real estate company with a market capitalization of AU$44.12 billion. The company is known for dealing with international business space and properties and the development and management of business funds.

The share price of Goodman Group has gained by more than 24% on the ASX over the past 12 months. On the other hand, Goodman’s year-to-date share price fell over 12% on the ASX today (26 April).

Lendlease Group (ASX:LLC)

Image source: © Dechev | Megapixl.com

The shares of Lendlease Group (ASX:LLC) closed 0.170% higher at AU$11.78 per share on the ASX today (26 April). Approximately 1.2 million shares of Lendlease were traded during the entire trading session on the ASX today.

The share price of Lendlease has fallen by more than 5% on the ASX over the past 12 months. On the other hand, Lendlease’s year-to-date share price has gained over 8% on the ASX today (26 April).

Lendlease Group is an ASX-listed real estate company with a market capitalization of AU$8.10 billion. The company primarily operates in some regions of Europe, Asia Pacific and America.

GPT Group (ASX:GPT)

The shares of GPT Group (ASX:GPT) closed 0.59% lower at AU$5.05 per share on the ASX today (26 April). Approximately 3.9 million shares of GPT Group were traded throughout the entire trading session on the ASX today.

The share price of GPT Group has gained by more than 8% on the ASX over the past 12 months. On the other hand, GPT Group’s year-to-date share price has fallen approximately by 9% on the ASX today (26 April).

GPT Group is an ASX-listed real estate company that primarily owns and manages diversified property portfolios of retail, offices, shopping centres, etc., across all parts of Australia. The company has a market capitalization of AU$9.73 billion.

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