19 Jun 2018
Higher market rents contribute to valuation uplift
Dexus today announced that 99 of its 103 assets, comprising 44 office and 55 industrial properties have been externally valued as at 30 June 2018. The external independent valuations have resulted in a total estimated $408 million or circa 3% increase on prior book values for the six months to 30 June 2018. As a result of these valuations, Dexus’s net tangible assets per security is expected to increase by circa 40 cents.
29 May 2018
Dexus redevelopment to create new business and lifestyle hub for South Sydney
Dexus’s redevelopment of Lakes Business Park South in Botany – known as Botany Quarter – will create one of South Sydney’s largest business and lifestyle hubs, leading the rejuvenation of the Botany precinct.
08 May 2018
Sale of trading property secures FY19 trading profits
Dexus today announced the sale of its trading property at 32 Flinders Street, Melbourne to contribute to FY19 trading profits.
01 May 2018
March 2018 quarter portfolio update
Dexus today announced its property portfolio operational update for the quarter ended 31 March 2018. Darren Steinberg, Dexus Chief Executive Officer said: "It’s pleasing to see great traction across the key areas of our business which will contribute to our distribution per security growth guidance of 4.5-5% for FY18. This has been driven by continued leasing in our core markets and solid progress on opportunities in our development and trading pipeline."
01 May 2018
2018 Macquarie Australia Conference
Dexus today releases the attached presentation to be presented at the 2018 Macquarie Australia Conference, which is being held at The Sheraton on the Park, 161 Elizabeth Street, Sydney.