Property portfolio
Overview
Dexus Industria REIT (“Industria”) portfolio has 901 industrial and business park assets located in Sydney, Melbourne, Brisbane and Adelaide. The assets comprise a mix of new and mature buildings and have a weighted average lease expiry of 5.62 years. The total value of the portfolio is $1.7 billion3 which reflects a weighted average capitalisation rate of 5.48%.
Please scroll down to view the Industria property portfolio.
1 Jandakot Airport has exposure to 49 individual properties within the wider asset
2 WALE weighted by income, and excluding development assets
3 Pro forma post Acquisitions of $503 million (Jandakot and Kemps Creek at proportionate share of asset value), plus committed development expenditure of $95 million
Dexus Industria REIT Contact
| Property | State | Ownership | Sector | Book Value | Cap Rate | NLA ('000sqm) | Occupancy (by area) | WALE (by income) |
|---|---|---|---|---|---|---|---|---|
| 1 West Park Drive, Derrimut | VIC | 100% | Industrial | $13.8m | 5.25% | 10.1 | 100% | 1.8 |
| 13 Ricky Way and 10 Jersey Drive, Epping | VIC | 100% | Industrial | $23.0m | 4.75% | 11.2 | 100% | 7.2 |
| 1-3 Westrac Drive, Newcastle | NSW | 100% | Industrial | $252.0m | 5.25% | 45.5 | 100% | 13.2 |
| 137-147 Fitzgerald Road, Laverton North | VIC | 100% | Industrial | $24.1m | 5.00% | 16.4 | 100% | 10.0 |
| 140 Sharps Road, Tullamarine | VIC | 100% | Industrial | $13.3m | 7.50% | 10.5 | 100% | 1.3 |
| 147-153 Canterbury Road, Kilsyth | VIC | 100% | Industrial | $13.4m | 5.75% | 11.9 | 100% | 3.5 |
| 16-28 Quarry Road, Stapylton | QLD | 100% | Industrial | $65.5m | 5.50% | 41.4 | 100% | 2.6 |
| 18 Brandl Street, BTP | QLD | 100% | Industrial | $13.7m | 7.25% | 4.2 | 85% | 1.2 |
| 18-20 Butler Boulevard, Adelaide Airport | SA | 100% | Industrial | $7.9m | 8.55% | 7.0 | 100% | 2.7 |
| 20-22 Butler Boulevard, Adelaide Airport | SA | 100% | Industrial | $12.5m | 8.55% | 11.2 | 100% | 1.8 |
| 3 & 4 Forbes Close, Knoxfield | VIC | 100% | Industrial | $21.6m | 5.25% | 12.7 | 100% | 4.5 |
| 32-40 Garden Street, Kilsyth | VIC | 100% | Industrial | $25.0m | 5.00% | 10.6 | 100% | 9.0 |
| 34 Australis Drive, Derrimut | VIC | 100% | Industrial | $35.5m | 5.00% | 25.2 | 100% | 1.4 |
| 350-356 Cooper Street, Epping | VIC | 100% | Industrial | $32.5m | 5.50% | 8.1 | 100% | 6.1 |
| 37 Brandl Street, BTP | QLD | 100% | Industrial | $15.8m | 7.00% | 3.3 | 85% | 1.8 |
| 45-55 O'Briens Road, Corio | VIC | 100% | Industrial | $36.0m | 5.50% | 25.2 | 100% | 19.8 |
| 5 Butler Boulevard, Adelaide Airport | SA | 100% | Industrial | $15.2m | 8.06% | 12.3 | 100% | 2.8 |
| 57-67 Mark Anthony Drive, Dandenong | VIC | 100% | Industrial | $13.5m | 5.00% | 7.8 | 100% | 10.0 |
| 5b Butler Boulevard, Adelaide Airport | SA | 100% | Industrial | $9.2m | 8.55% | 8.2 | 100% | 5.1 |
| 60 Grindle Road, Wacol | QLD | 100% | Industrial | $25.3m | 6.50% | 9.0 | 100% | 7.5 |
| 7 Clunies Ross Court and 17-19 McKechnie Drive, BTP | QLD | 100% | Industrial | $55.5m | 6.50% | 8.4 | 99% | 3.9 |
| 78 Henderson Road, Rowville | VIC | 100% | Industrial | $18.0m | 5.00% | 10.2 | 100% | 2.4 |
| 8 Clunies Ross Court and 9 McKechnie Drive, BTP | QLD | 100% | Industrial | $24.1m | 7.50% | 5.8 | 40% | 0.7 |
| 80-96 South Park Drive, Dandenong South | VIC | 100% | Industrial | $35.5m | 4.75% | 20.2 | 100% | 4.6 |
| 81 Rushdale Street, Knoxfield | VIC | 100% | Industrial | $11.4m | 5.50% | 6.1 | 100% | 3.8 |
| 88 Brandl Street, BTP | QLD | 100% | Industrial | $16.6m | 7.25% | 2.9 | 82% | 1.2 |
| 89 West Park Drive, Derrimut | VIC | 100% | Industrial | $24.0m | 5.00% | 17.0 | 100% | 1.2 |
| BTP Central, BTP | QLD | 100% | Industrial | $44.1m | 7.35% | 8.4 | 84% | 3.3 |
| Building A, 1 Homebush Bay Drive, Rhodes | NSW | 100% | Industrial | $103.4m | 5.88% | 14.6 | 100% | 0.4 |
| Building C, 1 Homebush Bay Drive, Rhodes | NSW | 100% | Industrial | $87.4m | 5.75% | 10.4 | 87% | 2.5 |
| Total | $1,088.6m | 5.8% | 395.951 | 98% | 5.4 |
Reflects portfolio statistics as at 30 June 2021 – includes the pro-forma addition of 57-67 Mark Anthony Drive, Dandenong, 137-147 Fitzgerald Road, Laverton North and disposal of 10 Brandl Street, BTP.