Aventus Retail Property Fund reported earnings results for the half year ended December 31, 2017. For the period, the company reported funds from operations (FFO) of $45 million or 9.1 cents per unit, 3.4% higher than prior corresponding period. Profit was $75 million. The company reported, 3.1% like-for-like net operating income (NOI) growth, excluding the acquisitions and development projects.

The company expects development expenditure for fiscal year 2018 to be $35 million. The company expects fiscal year 2018 FFO per unit to be 2% - 3% higher than fiscal year 2017 FFO per unit.