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 service station and convenience retail assets located across Australia concentrated on the eastern seaboard. 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.
109number of properties |
$822mportfolio valuation |
5.90%weighted average cap rate |
99.4%occupancy |
10.2yrsWALE |
34.1%gearing |
All data as at 31 December 2022.
Dexus Convenience Retail REIT Contact