Real estate investment trust GPT Group is expecting earnings per share growth of 5 per cent over 2015, after lifting its 2014 profit more than 10 per cent.
GPT increased its profit for the twelve months to December 31 by 12.9 per cent, up to $645.3 million.
Revenues for the group also grew, rising 21.9 per cent to $1.07 billion.
GPT will pay a final dividend of 10.7c, bring the full year's distribution to 21.2c, and increase of 3.9 per cent on the prior year.
GPT chief executive Michael Cameron said the growth was driven by the group's core portfolio, with over 90 per cent of GPT's income coming from rental income.
Mr Cameron said GPT was on track to achieve earnings per share growth of 5 per cent for the coming year, targeting a total return for security holders of greater than nine per cent.