Dexus publishes FY26 annual report
Reuters2026/08/19 23:11- Dexus published its FY26 annual report, citing resilient operating performance despite elevated interest rates and subdued real asset transaction markets.
- Leasing activity supported portfolio value growth, with office and industrial occupancy outperforming national averages.
- Asset recycling progressed, with AUD 1.9 billion of divestments during the year and a security buyback plan tied to sale proceeds.
- Funds management raised about AUD 2 billion of third-party equity, while consultations continued on a healthcare fund redemption queue.
- Management flagged lower FY27 earnings, citing higher finance costs, reduced performance fees, and a weaker contribution from funds under review.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Toyo Seikan Group subsidiaries to exhibit at Advanced Materials Exhibition
Canamera Energy Metals plans share consolidation of up to 6-for-1 after rights offering closes
Dave & Buster's Aims to Increase Gameplay Time With Simpler Pricing -- Market Talk
With the Federal Reserve rate hike approaching, the S&P 500 may fall by 10%! MRA strategist: There could even be a second wave in December
Macro Risk Advisors LLC stated that the interest rate hike actions by the Federal Reserve, which could begin as early as this week, may trigger a pullback in the S&P 500 Index. This is because declining corporate profit margins will hurt earnings outlooks, while the market is preparing for a tightening cycle.
