Invesco Office J-Reit raises financial guidance for profit and distribution per unit forecast for fiscal period ending April 2016
Invesco Office J-Reit Inc:Says raised financial guidance for profit and distribution per unit forecast for fiscal period ending April 2016.Operating revenue guidance increased to 4,171 million yen from 4,150 million yen.Operating profit increased to 1,709 million yen from 1,645 million yen.Says ordinary profit increased to 1,448 million yen from 1,379 million yen.Says net profit increased to 1,446 million yen from 1,377 million yen.Says distribution per unit forecast increased to 2,668 yen from 2,540 yen.Says that higher rental income and lower expense are the main reasons for the forecast.
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