Nov 10 (Reuters) - Gdi Property Group Ltd GDI.AX
* Has exchanged contracts to sell 25 Grenfell Street, Adelaide, for $125.1 million
* After selling and other costs, gdi property group expects to net approximately $124.0 million from sale
* Contract is subject to firb approval, with settlement expected on or around 5 january 2017
* Intends to repay debt with proceeds from settlement of 25 grenfell street, adelaide
* Gdi property group ltd - sale of 25 grenfell st, adelaide-gdi.ax Source text for Eikon: ID:nASX17V6BM Further company coverage: GDI.AX