Dexus Convenience Retail REIT Highlights Strong Portfolio and Income Security

Dexus Convenience Retail REIT (AU:DXC) has released an update.

Dexus Convenience Retail REIT, listed on the ASX as DXC, showcases its robust portfolio valued at approximately $741 million at the 2024 Bell Potter Foundations Conference. The fund, mainly located along Australia’s eastern seaboard, offers a strong income security with long lease expiries and annual rent increases. Managed by Dexus, a leader in real asset management, the REIT maintains a conservative capital strategy with a target gearing range of 25-40%.

For further insights into AU:DXC stock, check out TipRanks’ Stock Analysis page.