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.
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