Astro Property Group lifts profit outlook on better quality portfolio

Larry Schlesinger

Aug 26, 2015 – 4.45pm

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The $300 million Astro Japan Property Group forecast a bigger profit in 2016 from its re-jigged portfolio of offices, malls and residential property.

For 2015, the group reported a small dip in underlying profit due to an 8.3 per cent fall in property income following a number or asset sales.

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