The successful float of a petrol station portfolio helped Melbourne property funds manager APN Property Group to a 37 per cent lift in its 2018 first-half operating earnings.
And after paying a 1.25¢ per unit interim dividend, APN has increased its dividend guidance for the full year to 2.25¢, up from 2¢
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com