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Earnings up, says 360

The 360 Capital Industrial Fund has set the bar high for the reporting season, with a forecast 9.7 per cent increase for its operating earnings per unit this year, based on lower interest rate margins. A rise in demand for warehouses and asset sales would contribute to the forecast 21.5¢ per unit, a 9.7 per cent increase over previous guidance. Carolyn Cummins
By · 16 Jul 2013
By ·
16 Jul 2013
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The 360 Capital Industrial Fund has set the bar high for the reporting season, with a forecast 9.7 per cent increase for its operating earnings per unit this year, based on lower interest rate margins. A rise in demand for warehouses and asset sales would contribute to the forecast 21.5¢ per unit, a 9.7 per cent increase over previous guidance.
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Frequently Asked Questions about this Article…

The article reports 360 Capital Industrial Fund has forecast operating earnings of 21.5¢ per unit, which it says sets a high bar for the reporting season.

The fund is forecasting a 9.7% increase in operating earnings per unit versus previous guidance, equivalent to the 21.5¢ per unit figure cited in the article.

Yes — the article states the 9.7% increase in operating earnings per unit is forecast for this year.

According to the article, the forecast increase is based on lower interest rate margins, with a rise in warehouse demand and asset sales also expected to contribute.

The article notes the forecasted 9.7% rise in operating earnings per unit is based on lower interest rate margins, which the fund cites as a key driver of the upgraded guidance.

Yes — the article says a rise in demand for warehouses would contribute to the fund’s forecasted operating earnings per unit of 21.5¢.

The article specifically mentions asset sales as another factor that would contribute to the fund’s forecasted 21.5¢ per unit and the 9.7% increase over previous guidance.

The phrase reflects the fund’s relatively strong guidance — a forecasted 21.5¢ per unit and a 9.7% increase — which the article describes as setting a high standard for the reporting season.