February 16, 2017 / 9:56 PM / 6 months ago

BRIEF-Growthpoint Properties Australia announces revised accounting treatment

Feb 17 (Reuters) - Growthpoint Properties Australia Ltd :

* Has determined that as part of its HY17 accounting review process, treatment of tenant incentives will be modified

* Expects to announce an NTA per stapled security of $2.72, an increase of 4.2% from 30 june 2016, and total NTA of $1.74 billion for HY17

* Reaffirms distribution guidance of 21.5 cents/ security and distributable income/security of at least 23.3 cents for FY 2017 Source text for Eikon: Further company coverage:

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