Dexus Convenience Retail REIT

Dexus Convenience Retail REIT is a listed Australian Real Estate Investment Trust (ASX code: DXC) that wholly owns a portfolio of 107 service station and convenience retail assets located across Australia with a skew towards the eastern seaboard, independently valued at approximately $723 million. The portfolio is leased to high-quality tenants on attractive, long-term leases. The objective of the REIT is to provide investors with sustainable and stable income and the potential for both income and capital growth through annual rental increases.

107

number of properties

$723m

portfolio valuation 

6.0%

weighted average cap rate

99.7%

occupancy

11.7yrs

WALE

28.2%

gearing


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