More Than Half of Shops Trading, Says Australian GPT

MELBOURNE, AUSTRALIA - MARCH 29: The empty walkway connecting the Emporium and Melbourne Central shopping malls on March 29, 2020 in Melbourne, Australia. Asanka Ratnayake/Getty Images

Property developer GPT said more than half the shops at its shopping centres are trading this week, an increase on 35 percent at the end of April.

Chief executive Bob Johnston gave the figures and said he expected more shops to follow in the coming weeks, he told GPT’s annual general meeting on May 13.