Dexus Industria REIT ( (AU:DXI) ) has issued an update.
Dexus Industria REIT announced a successful half-year with a distribution of 8.2 cents per security and a 5.7% increase in Funds From Operations per security. The company achieved practical completion of a fully leased development at Jandakot, maintained a high portfolio occupancy of 99.5%, and saw an increase in Net Tangible Asset per security by 2.5%. The strategic focus remains on leveraging strong balance sheets for growth, with resilience in income streams supported by robust leasing outcomes and valuation uplifts.
More about Dexus Industria REIT
Dexus Industria REIT (DXI) is a real estate investment trust specializing in industrial properties. The company focuses on high-quality developments and securing leasing agreements to maintain strong occupancy rates and rental growth.
YTD Price Performance: 5.84%
Average Trading Volume: 655,583
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$869.3M
For detailed information about DXI stock, go to TipRanks’ Stock Analysis page.