Dexus Lowers Distribution Guidance as Interest Rates Impact

Dexus today announced that it had achieved Adjusted Funds From Operations (AFFO) and distributions of 53.2 cents per security for FY22, up 2.7% on the prior year but has lowered expectations for FY23 as interest rates begin to impact earnings.

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Mirvac Wins the AWOF Battle

The investors in the AMP Capital Wholesale Office Fund (AWOF) have today voted to appoint Mirvac as their new trustee and Fund Manager in a blow to both AMP and Dexus.

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Completion of Collimate Capital sale on track

Dexus has confirmed that the completion of their acquisition of Collimate Capital domestic infrastructure equity and real estate business to Dexus is on track for completion in 2H 2022.

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