GGP Inc. on Jan. 30 reported its 2016 year-end results and offered guidance for the first quarter and the full year 2017.

Company funds from operations for the fourth quarter came to $412.2 million, or 43 cents per share, compared to $408.2 million, or 43 cents per share, a year ago.

For the full year, company FFO totaled $1.47 billion, or $1.53 per share, compared to $1.38 billion, or $1.44 per share, in 2015.

The S&P Capital IQ consensus FFO-per-share estimate for the 2016 fourth quarter and full year were 43 cents and $1.53, respectively.

Looking ahead, the company offered NAREIT FFO-per-share guidance for the 2017 first quarter in the range of 34 cents to 36 cents, and company FFO-per-share guidance for the first quarter in the range of 35 cents to 37 cents.

For the full year, the company expects NAREIT FFO in a per-share range of $1.53 to $1.58 and company FFO in a per-share range of $1.56 to $1.61.

The S&P Capital IQ consensus FFO-per-share estimate for the 2017 first quarter and full year are 38 cents and $1.59, respectively.

The company said in its release that it acquired 605 N. Michigan Avenue in Chicago, Ill., as well as interests in five Macy’s boxes, including those at Tysons Galleria in McLean, Va., and Stonestown Galleria in San Francisco.

On Jan. 27, the company paid a special common stock dividend of 26 cents per share to stockholders of record as of Dec. 27, 2016.

During the quarter, the company purchased roughly 1.89 million of its common shares at a weighted average price of $24.47 per share for total consideration of about $46 million.