Dexus today provides the attached presentation to be used as a basis of discussion with institutional investors at the 2017 Bank of America Merrill Lynch Australian Real Estate Conference. The conference is being held at the offices of Bank of America Merrill Lynch in Sydney.
BAML Australian Real Estate Conference
September 2017 quarter portfolio update
Dexus today announced its property portfolio operational update for the quarter ended 30 September 2017. Highlights included leasing 58,788 square metres of office space across 74 transactions, with office portfolio occupancy increasing to 97.5% and 43,114 square metres of industrial space across 28 transactions, with industrial portfolio occupancy increasing to 96.6%. In addition, we secured NBN at 100 Mount Street, North Sydney across 20,364 square metres increasing the pre-committed area to 60%.
2017 Annual General Meeting
Good afternoon ladies and gentlemen and welcome to Dexus’s 2017 Annual General Meeting. My name is Richard Sheppard and I’m the Chair of the Board of Directors of Dexus Funds Management Limited. I’ll table my appointment as Chair of today’s meeting and open the meeting.Read more
NBN takes up space at 100 Mount Street North Sydney
Dexus and Dexus Wholesale Property Fund, joint owners of 100 Mount Street, North Sydney, today announced the first major leasing deal since construction commenced in July 2016. NBN has leased 20,364 square metres, representing 48% of the building, and is consolidating its office space from various locations across Sydney. NBN joins Laing O’Rourke, the building’s anchor tenant, taking pre-commitment to 60% prior to the completion of construction which is expected to be achieved in early 2019.Read more
105 Phillip Street Parramatta tops out
105 Phillip Street Parramatta tops out The new Parramatta office development that will be home to 1,800 employees of the New South Wales Department of Education has 'topped out' and is on track for completion in March 2018.Read more
Appendix 4E and Financial Reports as at 30 June 2017
Dexus provides its Appendix 4E and Financial Reports as at 30 June 2017.
FY17 Annual Results Release
Dexus today announced a strong 2017 financial and operational result, achieving distribution per security growth of 4.5%.
FY17 Annual Results Presentation
Dexus provides its 2017 Annual results presentation and appendices.
FY17 Property Synopsis and Debt Summary
Dexus provides its 2017 Property Synopsis and Debt Summary book.
FY17 Property Synopsis spreadsheet
Dexus provides its 2017 Property Synopsis spreadsheet.
2017 Dexus Annual Report
Dexus provides its 2017 Annual Report.
Dexus settles on three properties
Dexus today announced that it has settled on the acquisition of three properties.Read more
Dexus announces acquisition and equity raising
Dexus Funds Management Limited (“DXFM”) as responsible entity of Dexus (“Dexus” or the “Group”) today announced that it has entered into agreements to acquire two Sydney office buildings. It is also in exclusive due diligence to acquire a core industrial property in Melbourne (together with the acquisition of the two Sydney office buildings, the “Acquisitions”). The total consideration under the acquisition agreements together with the offer for the industrial property is $739.3 million.Read more
Market evidence drives increases in valuations
Dexus today announced its six monthly valuation results in which 62 of its 102 properties, comprising 25 office properties and 37 industrial properties have been externally valued as at 30 June 2017, reflecting 59% of the total Dexus property portfolio by value. Combined with internal valuations across the remainder of the portfolio, this has resulted in an estimated $240 million or 2.1% increase on prior book values for the six months to 30 June 2017.Read more
Sale of remaining FY17 trading property
Dexus today announced that it has conditionally exchanged contracts to sell 105 Phillip Street, Parramatta. The property has been sold for $229 million to a Charter Hall joint venture at an implied cap rate of 5.3%. A portion of the proceeds will be received in May 2017 contributing to FY17 trading profits. The remaining proceeds will be received on practical completion of the development in mid-2018, contributing to FY18 trading profits.Read more
2017 Macquarie Australia Conference
Dexus today releases the attached presentation to be presented at the 2017 Macquarie Australia Conference, which is being held at The Sheraton on the Park, 161 Elizabeth Street, Sydney.
HY17 Property Synopsis
Dexus provides its HY17 Property Synopsis data for the six months to 31 December 2016.
HY17 Results Presentation
Dexus provides its 2017 Half year results presentation. The property synopsis spreadsheet is also available on our website at www.dexus.com/financialresults
HY17 Results Release
Dexus today announced that it had achieved strong operational results, delivering growth in its underlying business, and has upgraded market guidance for the 2017 financial year.Read more
Increase in valuations for HY17
Dexus (Dexus) today announced that 31 of its 106 properties, comprising 25 office properties and 6 industrial properties have been externally valued as at 31 December 2016, reflecting 56% by value of the total Dexus portfolio. Combined with internal valuations across the remainder of the portfolio, this has resulted in an estimated $341 million or 3.2% increase on prior book values for the six months to 31 December 2016.Read more
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