Dexus Industria REIT ( (AU:DXI) ) has issued an update.
Dexus Industria REIT reported a decrease in revenue by 14.4% for the half-year ending December 31, 2024, compared to the previous year, although net profit after tax rose significantly. The fund’s financial performance showed a stable distribution to security holders and a slight increase in funds from operations. With steady asset values and a strategic focus on industrial properties, the company maintains its market positioning, offering potential for long-term growth despite current market capitalization decline.
More about Dexus Industria REIT
Dexus Industria REIT is an Australian real estate investment trust that specializes in owning, managing, and developing high-quality industrial warehouses and business parks. The company is also invested in the Jandakot Airport industrial precinct and aims to provide sustainable income and capital growth for its security holders. With a portfolio valued at $1.4 billion, Dexus Industria REIT operates across major Australian cities and is managed by Dexus, a leading real asset group with extensive expertise in real estate and infrastructure development.
YTD Price Performance: 5.84%
Average Trading Volume: 655,583
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$869.3M
See more data about DXI stock on TipRanks’ Stock Analysis page.