Dexus Convenience REIT (DXC) FY25 results
- 27 August 2025
DXC provides investors with access to a high quality, strategic Australian national network of over 90 convenience retail assets.
During the year, DXC’s portfolio continued to generate defensive income with embedded growth through-the-cycle, providing stable returns for its investors, with like-for-like growth of 2.9%, high occupancy of 99.9% and a long WALE of 7.9 years.
Divestment activity over the period improves portfolio quality and provides balance sheet capacity for high-returning redevelopment opportunities.
Barring unforeseen circumstances, DXC is pleased to provide FY26 guidance for FFO and distributions of 20.9 cents per security, reflecting year-on-year growth of 1.2% and an attractive distribution yield of circa 7% for investors.
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