Vicinity Centres (ASX:VCX) has announced its final unfranked distribution of 6.25 Australian cents per share.

The company’s full year funds from operations amounted to A$684.8 million, compared to A$598.3 million in the previous year.

Revenue from their ordinary activities increased to A$1,274.6 million from A$1,179.8 million.

They reported a net profit after tax attributable to A$271.5 million, a significant decline from the previous year’s A$1,215.2 million.

Vicinity Centres (ASX:VCX) is a leading Australian retail property group specializing in shopping centre management and development.