Dec 1 (Reuters) - GPT Group GPT.AX :
* GPT SELLS 25% INTEREST IN 1 FARRER PLACE FOR $584.6M
* SELLS 25 PER CENT INTEREST IN 1 FARRER PLACE FOR $584.6 MILLION
* ENTERS BINDING AGREEMENT WITH LENDLEASE MANAGED AUSTRALIAN PRIME PROPERTY FUND COMMERCIAL TO SELL 25% STAKE IN 1 FARRER PLACE, SYDNEY
* ENTERED BINDING AGREEMENT WITH AUSTRALIAN PRIME PROPERTY FUND COMMERCIAL TO SELL ITS 25% SHARE IN 1 FARRER PLACE