Dexus expects FY26 AFFO, distributions to match guidance

Reuters2026/08/19 23:11

By:Reuters

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Dexus flagged FY26 earnings and distributions in line with expectations, with AFFO at AUD 483.9 million and distribution at 37.0 cps.
Balance sheet outlook supported by 33.4% look-through gearing, AUD 2.5 billion headroom, 4.8% cost of debt, 4.2-year average maturity.
Atlassian Central practical completion remains on track for late 2026, with 100% pre-leasing on a 15-year lease.
Waterfront Brisbane completion expected to slip to late 2029, with pre-leasing at 71% and yield on cost still guided at 5%-6%.
Post-balance-date asset sales of about AUD 1.1 billion expected to cut pro forma gearing by about 3 percentage points.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dexus published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.

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.

Dexus expects FY26 AFFO, distributions to match guidance

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