Dexus (AU:DXS) has released an update.
Dexus has reported a solid performance in the March 2024 quarter, with high occupancy rates in their office and industrial portfolios and robust rent collections. The company has successfully raised over $300 million for its Dexus Real Estate Partnership 2, and executed around $0.4 billion in transactions, primarily through divestments. Looking ahead, Dexus predicts stable distributions and reaffirms its financial outlook for the fiscal year, backed by a strong balance sheet and disciplined capital management.
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