** Vertically-integrated diversified property firm GPT Group GPT.AX rises 1.9% to A$4.36
** Citi notes media report that co's peer LendLease LLC.AX released management rights of two of its shopping malls to GPT
** Says deal part of GPT's shift towards higher overall return on equity through funds management business, a focus of co's current management
** GPT says management rights will allow co to secure income from the two malls - Sunshine Plaza and Macarthur Square, further expanding its retail footprint
** Brokerage retains "buy", PT of A$5
** YTD, GPT down 0.2%
($1 = A$1.5795)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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