Factory rental company, Property For Industry says its profit increased by 4% in the nine months to the end of September.
PFI says rentals rose to $24.5 million.
General manager Ross Blackmore says this is because of new developments and rent reviews and its purchase of a $22 million factory at the end of last year.
Occupancy rates remain high, with 99.6% of the company's properties full last month.
