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The NZX-listed fund manager expects a full-year distributable profit of between 11.30c and 11.50c a share.
NZX-listed Stride Property Group has lifted its full-year guidance as acquisitions and its fund management activities increased income.
Stride, listed as a stapled security of Stride Property Ltd and Stride Investment Management Ltd, now expects distributable profit after tax for the year ended March 31 to be between 11.30c and 11.50c a share.
It had previously forecast distributable profit of between 9.91c and 10.43c a share.
With 472.82 million securities issued, the new guidance works out to a total distributable profit of between $53.4 million and $54.4m. ....

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