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Arena REIT affirms distribution guidance for FY'18

Arena REIT affirmed its distribution-per-security guidance for the 2018 fiscal year at 12.8 Australian cents, a figure that will mark a year-over-year gain of 6.7% from the 12.0 cents-per-security distribution recorded for the 2017 fiscal year.

The Melbourne-headquartered real estate investment trust also logged a per-security distribution amounting to 6.40 cents for the half-year ended Dec. 31, 2017.