** Shares of retail assets operator GPT Group GPT.AX fall as much as 0.9% to A$4.44, their lowest since Nov 7
** Co set to buy a 50% stake in two retail assets from Perron Group for A$482 mln ($306.94 mln)
** Assets to be acquired are two shopping malls in Australia's Perth, Cockburn Gateway and Belmont Forum with a combined Moving Annual Turnover of more than A$1 billion
** Stock has fallen 3.5% this year, as of last close
($1 = 1.5704 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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