Vicinity Centres (ASX:VCX) reported Wednesday fiscal half-year adjusted funds from operations (AFFO) of AU$0.0698 per security, compared with AU$0.0699 per security a year earlier.

Analysts polled by Visible Alpha expected an AFFO of AU$0.064 per security.

Funds from operations (FFO) slid to AU$0.0756 from AU$0.0759 year on year. Analysts surveyed by Visible Alpha were expecting FFO of AU$0.074.

Revenue from ordinary activities for the six months ended Dec. 31, 2024, rose 1% to AU$664.9 million from AU$660 million a year earlier.

The board declared a distribution of AU$0.0595 per share, up from AU$0.0585 in the previously reported period, payable on March 13 to shareholders of record as of Feb. 25.