** Vicinity Centres VCX.AX rises as much as 2.1% to A$2.410, highest since September 20, 2024
** Property co expects FY25 funds from operations (FFO) per security to be around top end of 14.5-14.8 Au cents guidance
** Sees adjusted FFO to be at top end of 12.3-12.6 Au cents guidance
** Citi says strong operational update, with leasing spreads up 3.5%, indicates continued landlord negotiating power
** Leasing spreads refer to the difference in rent between new leases and expiring leases
** Brokerage maintains "neutral" at PT of A$2.40
** VCX gains 12.4% this year, as of last close
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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