Buying well and creating value – Jason Howes appears on ausbiz
- 15 July 2025
In a recent interview with ausbiz, Jason Howes, Fund Manager of the Dexus Real Estate Partnership (DREP) series, shared insights into the strong performance of Dexus’s inaugural opportunity fund, DREP1. He highlighted how its success paved the way for the launch of DREP2, which has already attracted around $470 million in investor commitments and is on track to exceed its $600 million target. “The key is buying well and adding value to the asset,” Jason notes.
The DREP Funds are focused on generating a net internal rate of return (IRR) of 15%, with strategic investments concentrated in Australia’s living and logistics sectors. Australia is currently demonstrating compelling fundamentals for investors, and Jason emphasises the critical importance of timing and strategic execution in the current market environment. Among the Funds’ notable plays is the vacant B-grade commercial tower located in Brisbane CBD, which is being repositioned to address the growing demand for student accommodation.
You can read more about the 41 George Street repositioning here.
This interview originally appeared on ausbiz: Dexus sees the best deal pipeline since GFC on ausbiz
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