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Investa Office Fund estimates 2% growth in fiscal 2018 FFO per unit

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Investa Office Fund estimates 2% growth in fiscal 2018 FFO per unit

Investa Office Fund is targeting growth of 2% year over year to 30.3 Australian cents for fiscal full-year 2018 for its per-unit funds from operations, up from the previous 30.0 cents per unit estimate.

Like-for-like net property income is projected to rise approximately 2% during the period.

Meanwhile, the estimated distribution for fiscal 2018 remains to be 20.3 cents per unit, up 0.5% from a year earlier.