Investa Office Fund has lifted its full year guidance after lifting its half-yearly profit by nearly 80 per cent.
Profit for the six months to December 31 lifted to $99.5 million, an increase of 77.7 per cent year on year.
Revenues for the group also increased, gaining 20.1 per cent to $113.5m for the first half of the financial year.
Investa said it will pay an interim dividend of 9.55c, a slight 3 per cent increase on the 9.25c interim dividend it paid in the prior corresponding period.
The group also lifted its full-year guidance.
Following stronger than expected leasing outcomes and lower debt costs, guidance for fiscal 2015 has been upgraded from 27.3c per unit to 27.5c per unit, representing 3.8 per cent growth on the prior year, Investa said. The distribution outlook was increased to 19.25c per unit from 19.1c