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Dexus Convenience Retail REIT ( (AU:DXC) ) has shared an update.
Dexus Convenience Retail REIT announced a net valuation uplift of approximately $14.3 million for the six months ending June 2025, marking a 2.0% increase in book values. This growth is attributed to the robust demand for secure income assets in the fuel and convenience transaction market, supported by a favorable interest rate environment. The reduction in the weighted average capitalization rate across the portfolio indicates the first instance of rate compression since 2022, enhancing the fund’s net tangible assets.
The most recent analyst rating on (AU:DXC) stock is a Buy with a A$3.09 price target. To see the full list of analyst forecasts on Dexus Convenience Retail REIT stock, see the AU:DXC Stock Forecast page.
More about Dexus Convenience Retail REIT
Dexus Convenience Retail REIT (DXC) is an Australian real estate investment trust that specializes in owning high-quality service stations and convenience retail assets. The portfolio, valued at approximately $709 million as of December 2024, is primarily located on Australia’s eastern seaboard and leased to prominent Australian and international tenants. The fund emphasizes income security through long lease expiries and annual rent increases, while maintaining a conservative capital management strategy with a target gearing range of 25-40%. Managed by Dexus, a leading Australasian real asset group, DXC benefits from extensive expertise in real estate and infrastructure investment.
Average Trading Volume: 182,394
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$411.9M
See more insights into DXC stock on TipRanks’ Stock Analysis page.