Australian diversified property company Mirvac Group expects operating EPS for the fiscal year 2019 in the range of 16.8 Australian cents to 17.1 cents, reflecting a 2% to 4% increase in earnings.

Mirvac estimates a 5% growth in its full-year distribution to 11.6 cents per stapled security.

In its financial report for the year ended June 30, the company also said it completed the A$19 million redevelopment of Birkenhead Point Outlet Centre in Sydney.