The GPT Metro Office Fund
(ASX:GMF) has reported $51.3 million in net profit after tax, for the year ended 30 June 2016.
GPT also announced earnings per unit were 16.24 cents.
The Fund says this result was driven by a number of factors – including ‘asset revaluations’, ‘additional income’ from the completion of a development at Sydney Olympic Park, and ‘surrender payments’ earned from the Optus Centre in Fortitude Valley.
The Fund also says earnings guidance for the 2017 FY is 16.9 cents per unit, implying annual growth of 4.1 percent.
