May 3 (Reuters) - Mirvac Group (MGR) :
- Mgr 3q16 operational update (MGR)
- Remain on track to achieve our asset sales target of between $400 to $600 million by the end of this financial year
- Expects to achieve a development roic of over 12 per cent by 30 June 2016, one year ahead of its target
- Narrowed its FY 2016 operating EPS guidance to 12.9 to 13.0 cents per stapled security ("cpss")
- Revised its FY 2016 distribution guidance to 9.9 cpss
- Outlook for the office portfolio remains positive
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