Upgrade to FY21 guidance

31 May 2021

Upgrade to FY21 guidance

Dexus announces that the Board of Dexus Funds Management Limited has upgraded its guidance¹ for the 12 months ending 30 June 2021 (FY21) to deliver distribution per security growth of circa 3%.

Dexus’s previous guidance was to deliver an FY21 full year distribution per security amount that was consistent with FY20 (50.3 cents).

Darren Steinberg, Dexus CEO said: “Today’s upgrade is a result of better-than-expected outcomes across the underlying property portfolio, as well as delayed settlements for asset sales and other initiatives across the business.”

Dexus will announce its FY21 full year results on Tuesday 17 August 2021.

Authorised by the Board of Dexus Funds Management Limited

Footnotes

1. Barring unforeseen circumstances.