Goodman group has reported a strong start to the 2015 financial year and has reaffirmed its full-year earnings guidance, which should see earnings per share increase by 6 per cent over the year.
The property development and management company said total assets under its management rose to $27.7 billion in the quarter to September 30, up $0.9bn over the quarter, with occupancy maintained at 96 per cent across the group.
During the quarter, Goodman selectively disposed of $322 million of investment properties, and has $1.3 billion worth of assets currently under offer or in due dilligence.
Urban renewal sites are also adding value to the group's portfolio, and Goodman said it is seeing a valuation uplift between $150m to $170m as a result of recent zoning outcomes.
Goodman reaffirmed its forecast for full-year operating earnings per security of 36.9 cents, up 6 per cent on fiscal 2014.
Chief executive, Greg Goodman, said the company "has made a positive start to FY2015, achieving robust underlying operating performance across all parts of our business and ensuring the consistent and focused execution of our business strategy and day-to-day operational activities".