Tag Archives: DXS

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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New partner secured for Jandakot Airport, Perth

Dexus announces that it has secured Australian superannuation fund Cbus Super as a new joint venture investor on its funds management platform, with Cbus Super agreeing to purchase a 33.3% interest in the Jandakot joint venture which will own 100% of Jandakot Airport, Perth (Jandakot).

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