Dexus

Dexus announces that it has unconditionally exchanged contracts to sell 1 Margaret Street, Sydney, an A grade office building located in the western corridor of the Sydney CBD with a WALE of 2.1 years and occupancy of 93.7%.

Today, Dexus (ASX:DXS) reported a full-year statutory net loss after tax of $752.7 million, compared to a profit of $1.6 billion last year.

Dexus today announced King & Wood Mallesons (KWM) has renewed its lease at Governor Phillip Tower, One Farrer Place, Sydney for a further 10 years.

Dexus Industria REIT reported statutory net profit after tax of $0.3 million, driven by the $56.3 million of net fair value losses on investment properties compared with the $100.3 million net fair value recorded over the prior year.

Dexus Convenience Retail REIT (ASX:DXC) delivered on FY23 guidance of $29.8 million, the result represents 5.3% decline on the prior year.

Dexus today announced it had successfully raised $220 million for its healthcare real estate fund, Dexus Healthcare Property Fund (DHPF).

Dexus today announced the launch of its new Wholesale Airport Fund (WAF) following a successful capital raise, exceeding its target of $130 million

Dexus has recorded a $1billion drop in value across its portfolio as softer conditions start to bite.

Dexus has exchanged contracts to sell Axxess Corporate Park, a business park in Mount Waverley, Victoria.

Dexus has confirmed that it has exchanged contracts to sell 44 Market Street, Sydney, taking a -17% hit on its book value.

Dexus has confirmed that the Dexus Community Infrastructure Fund (CommIF), Dexus Healthcare Property Fund (DHPF) and AMP Capital Core Infrastructure Fund (CIF) have acquired a combined 30.58% interest in Celsus Holding Pty Ltd (Celsus), the consortium that manages and maintains the Royal Adelaide Hospital (RAH) under a Public-Private Partnership (PPP) taking the total stake in Celsus held by Dexus funds to 72.79%.

Dexus Research today released the Australian Real Estate Quarterly Review Q2 2023. This report describes the outlook for Australia’s main commercial property markets.

Dexus confirmed its agreement to acquire Collimate Capital’s real estate and domestic infrastructure equity business from AMP Limited in a new form of transaction which overcomes previous issues.

Dexus and AMP have agreed to extend the date for satisfaction or waiver of the conditions precedent for the acquisition of the Collimate business to 20 March 2023 due to ongoing delays in securing approvals to the transaction.

Dexus today announced its results for the half year ended 31 December 2022, confirming a distribution of 28.0 cents per security.