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Showing 1 - 10 of 13 results for "Dexus Funds Management"

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... strong population growth." The turnaround in performance follows a tough year for Dexus. In August 2024, Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. In addition ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... Dexus said the decision was carefully considered and made in consultation with the investment manager, Dexus Funds Management. The fund's objective was to generate income and capital growth on a rolling three-year basis through investments in Australasian ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... new equity capital have all proven difficult," he said. The office sector rout wiped $1.8 billion off the Dexus Funds Management portfolio, ultimately trickling down to the bottom line of a $1.6 billion statutory net loss for FY24. Lendlease told a similar ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. The devaluations led to a whopping $1.6 billion statutory net loss after tax for the 2024 financial year, following ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... necessary to complete the sale of AMP Capital's real estate and domestic infrastructure business to Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... 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 Partners. "The ...

AMP, Dexus reach final sale agreement

CHLOE WALKER  |  MONDAY, 20 MAR 2023
The long-awaited transfer of the AMP real estate and domestic infrastructure equity business to Dexus Funds Management has begun, with the first-stage completion of the sale expected to occur this week. First completion is expected on Friday, at which ...

AMP, Dexus extend deal date

CHLOE WALKER  |  WEDNESDAY, 1 MAR 2023
The sale of AMP Capital's domestic real estate and infrastructure equity business to Dexus Funds Management has been extended to allow for the completion of binding documentation. The due date for satisfaction or waiver the conditions precent for the ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... That month, AMP also offloaded Collimate's real estate and domestic infrastructure equity business to Dexus Funds Management. However, this deal has been delayed as AMP awaits Chinese regulatory approval for the sale of its interest in China Life ...

Dexus Funds Management chair resigns

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Dexus Funds Management chair and director Richard Sheppard will retire from the board effective October 27, following the Dexus annual general meeting. Upon Sheppard's retirement, Warwick Negus will become chair of the board. Sheppard said: "Since my ...
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