CPA lifts distribution guidance

Group expects FY14 distribution to come in 3.1% higher than original guidance.

Commonwealth Property Office Fund (CPA) has upgraded its distribution guidance for fiscal 2014, driven by further leasing success.

In a statement to the Australian Securities Exchange, Commonwealth Managed Investments Limited (CMIL), the responsible entity of CPA, announced a 3.1% increase on the original distribution guidance of 6.55 cents, to 6.75 cents per share.

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