Property trust, GPT Group
(ASX:GPT) has reported a net profit (after tax) for the 12 months to December of $1.45 billion increasing 14.5 per cent for the same time last year.
Total revaluation gains rose 6.9 per cent to $911 million.
It saw funds from operations of $574.6 million, resulting in FFO security growth of 3.5 per cent.
The company declared a distribution per security of 25.46 cents up 3.5 per cent on the prior corresponding period.
Shares in GPT Group
(ASX:GPT) closed 2.01 per cent higher to $6.10.
