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Westfield Group (ASX:WDC) says it is on track to deliver its annual guidance for the full 2011 calendar year.
The shopping centre developer expects funds from operations of between 64 and 65 cents per security and operational segment earnings of 74.6 cents per security.
Westfield has also confirmed it this year expects to pay a distribution of 48.4 cents.
The company advises that it is continuing with pre-development activity on $11 billion of development work and expects to begin up to $1.5 billion of new projects in the next two years.
In the first six months of 2011 Westfield Group reported a net profit of $660 million.
