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Industria REIT expects fiscal FY'18 FFO to rise 3% YOY

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Industria REIT expects fiscal FY'18 FFO to rise 3% YOY

With market conditions remaining as is, Industria REIT affirmed expectation for its per-security funds from operations for fiscal year 2018 to be in the range of 18.4 Australian cents to 18.6 cents.

The estimate for the full year reflects a 2% to 3% rise from the per-security FFO logged in the prior year.

The trust also expects its per-security distribution for 2018 financial year to increase 3.1% year over year to 16.5 cents per security.