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Showing 11 - 20 of 117 results for "Dexus"

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
Reporting its annual results to the ASX, Dexus has taken a $752.7 million hit, primarily driven by unrealised valuation losses on its investment properties. In its FY23 results, Dexus disclosed that adjusted funds from operations stood at $555 million. ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... as fuel service stations. Some 88% of income DXC's is derived from major fuel tenants. Jason Weate, fund manager of Dexus Convenience Retail REIT, said that DXC had 82 of its 105 investment properties independently valued during the year, with the ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... management firm Richmond Bridge, under an industrial property investment mandate. The fund now stands alongside Blackstone and Dexus as joint investors in the partnership. "We are delighted to acquire this high-quality portfolio of stabilised income ...

Partners Wealth Group names head of alternatives

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... clients, totalling more than $300 million in funds under management. Most recently, Partners Private joined forces with Dexus to offer investors the opportunity to invest in Melbourne Airport.

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... several business units in recent times including the AMP Capital real estate and domestic infrastructure equity business to Dexus Funds Management, AMP Capital's Global Equities and Fixed Income business to Macquarie, and SuperConcepts to Pemba Capital ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... gauge where sentiment in the asset class really is, whether it has bottomed or if it's setting for even larger falls." Dexus recently copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. Charter Hall slashed its ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... and said: "The valuations resulted in a net movement of $164 million, inclusive of capex, reflecting a 3.7% devaluation." Dexus also announced that its property valuations resulted in a total estimated decrease of $1 billion or 6% on prior book values ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... performance in the red. The listed and direct property sector continues to be a bugbear for super funds. Those invested in Dexus would have copped a $1 billion loss or 6% drop in value. Chief investment officer Ian Patrick said despite the challenges ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
Dexus has copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. The real estate asset group said as of 30 June 2023 an external independent valuation calculated a 6% drop on prior book values for its 32 office properties ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... the underlying real estate hasn't quite adjusted to market realities." Following the sale of a Market Street asset, Dexus recently announced it also exchanged contracts to sell Axxess Corporate Park, a business park in Mount Waverley, Victoria. "The ...