Contributing to economic prosperity and sustainable urban development across Australia's key cities
Our capacity to create value is tightly linked to the overall growth and prosperity of the cities where we operate.
One of the key megatrends impacting our business model is the continued growth of cities and urban densification. There is a mutual relationship between these growth drivers and the role that Dexus can, and does, play in shaping our cities for the future as desirable places to live, work and play. This is consistent with our strategy which is centred on delivering superior returns from high quality real estate located in Australia’s major cities.
The Leading Cities objective of our Sustainability Approach involves developing world-class office buildings that deliver customer-focused, sustainable workplaces and which enhance the amenity and vibrancy of central business districts (CBDs).
The location of our properties across key Australian CBDs means that their function is closely linked to the broader services, infrastructure and amenity provided by the city as a whole. For this reason, our success is tightly linked to the success of Australia’s major cities.
Cities deliver economic prosperity through enhancing opportunities for collaboration and supporting the exchange of knowledge and ideas. We contribute to this prosperity through the delivery and management of world class buildings that attract high calibre customers whose businesses support local, regional and national economies. We expand our reach and engage local communities through collaboration with authorities and industry associations, and work together with peers and other stakeholders to share insights and lift urban development standards.
Adding value for Leading Cities - FY19 Performance
Dexus office portfolio occupancy
Gross Value Added to the Australian economy from developments completed and underway
Construction jobs supported
Future focus for Leading Cities
We will continue to showcase sustainable urban development and generate economic impact to support our Leading Cities objective. Commitments guiding us in FY20 and beyond include:
- Maintain Dexus office portfolio occupancy at or above 95%
- Create city retail precints that improve the amenity and vibrancy of our CBDs
- Contribute to economic growth through the generation of employment and contribution to GVA from development projects
100 Mount Street delivers a new landmark for North Sydney
After years of limited supply, 100 Mount Street has kicked off the next wave of quality office accommodation coming online in North Sydney, supporting the revitalisation of the North Sydney CBD.
100 Mount is a landmark 35-level premium office tower spanning approximately 41,900 square metres. Occupying one of the best locations in North Sydney, the site is set to benefit from proximity to the new North Sydney Metro Station currently under construction.
Our sustainability approach
Our sustainability performance
Sustainability reporting library