GPT now hot for some cold storage GPT Group is believed to be negotiating with Coles to develop a major chilled logistics shed for the group, thought to be worth about $100 million, according to sources. Fresh from striking a deal to sell its half share in the Erina Fair shopping centre on the NSW central coast to the National Pension Service of Korea for $397m, the country's oldest property trust is ramping up its industrial development on the back of strong demand for the asset class.