Dexus today announced that it had achieved Adjusted Funds From Operations (AFFO)Β 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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Construction commences on world-leading Atlassian HQ at Sydneyβs Tech Central
The NSW Government, in partnership with Atlassian, Dexus and YHA, announced that construction had commenced on the project, which is expected to be open in 2027.
Read More »Cap-rate compression continues to support Dexus Convenience Retail REIT profit growth
The Dexus Convenience Retail REIT has continued to experience cap rate compression, boosting statutory profits by 11.9% while solid rental growth and acquisitions support 5.5% higher distributions.
Read More »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.
Read More »Dexus adds 2.2% valuation gain
Dexus has provided an update of its latest valuations revealing a 2.2% gain in value across 186 assets
Read More »Boeing Defence Australia commits to 123 Albert Street, Brisbane
Dexus as secured a pre-commitment from Boeing Defence Australia across approximately 12,000 square metres at 123 Albert Street, Brisbane which is undergoing a circa $200 million upgrade.
Read More »Dexus Upgrades Earnings as it Advances on Strategic Objectives
Dexus provides its update for the quarter ended 31 March 2022, with significant progress made against its strategic objectives of generating sustainable income streams and being the real estate investment partner of choice
Read More »World renowned brands Missoni and Brunello Cucinelli to join Sydneyβs 25 Martin Place
Dexus have signed up world renowned Italian luxury fashion houses, Missoni and Brunello Cucinelli, to 25 Martin Place
Read More »Atlassian development update
Dexus has reached agreement with Atlassian to fund, develop and invest in Atlassianβs new headquarters in Sydney.
Read More »Dexus sells 12 Creek Street for $391m
Dexus have confirmed the sale of 12 Creek Street Brisbane which it put to the market late last year
Read More »Dexus’ Results Reveal Office Pain
Dexus results for the last 6 months reveal a great deal about the property markets.
Read More »Dexus secures precommitments for Waterfront Brisbane development
Dexus announces it has reached Heads of Agreement with two major customers across circa 19,300 square metres to anchor the first of the two office towers within its city-shaping Waterfront Brisbane development.
Read More »Dexus Real Estate Partnership 1 secures cornerstone investor
Dexus today announced Mercer Alternatives has committed $100m to the Dexus Real Estate Partnership 1, a high risk, high return opportunistic Fund.
Read More »Dexus retains global ESG leadership across real estate sector
Dexus is the only real estate company globally to achieve an S&P Global Gold Class distinction in theΒ S&P Global Sustainability Yearbook 2022Β released today
Read More »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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