tiprankstipranks
Dexus Industria REIT Reports Solid Growth Amid Challenges
Company Announcements

Dexus Industria REIT Reports Solid Growth Amid Challenges

Dexus Industria REIT (AU:DXI) has released an update.

Don't Miss our Black Friday Offers:

Dexus Industria REIT has reported a successful financial year with a 1.7% increase in Funds From Operations per security, achieving 17.4 cents against its initial 17.1 cents forecast, and a distribution of 16.4 cents per security. Despite a statutory net loss of $11.8 million, driven by net fair value losses on investment properties, the company has seen substantial rental growth and has maintained a strong balance sheet with low gearing of 27.3%. Their active management approach has led to a record occupancy rate at Brisbane Technology Park and strategic asset divestments to strengthen financial resilience.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App