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Australia's GPT Group climbs to 2-week high after FY24 earnings, distribution forecast



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** Shares of GPT Group GPT.AX rise as much as 1.8% to A$4.295, their highest level since April 23

** The real estate co says it continues to expect to deliver 2024 Funds from Operations of about 32 AU cents per security

** Co also expects distribution of 24 AU cents per security for 2024

** More than 1.2 mln shares change hands, compared with the 30-day average volume of 4.4 mln shares

** Stock down 9.1% this year, as of last close



Reporting by Megha Rani in Bengaluru

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