Goodman Group (ASX:GMG) has posted full year net profit of $384 million, a 24 per cent increase on the year before.
The company says solid property fundamentals across its core investment portfolio was an operational highlight, with occupancy increasing to 96 per cent and a weighted average lease expiry of 5.3 years.
It is forecasting net profit for the next financial year to be $460 million.
Goodman Group (ASX:GMG) will pay a distribution of 3.5 cents per security, up three per cent on fiscal 2010.
