DEXUS (ASX: DXS)
Australia
· Delayed Price · Currency is AUD | Market Cap | 7.34B |
| Revenue (ttm) | 338.30M |
| Net Income (ttm) | -1.58B |
| Shares Out | 1.07B |
| EPS (ttm) | -1.47 |
| PE Ratio | n/a |
| Forward PE | 10.99 |
| Dividend | 0.48 (7.03%) |
| Ex-Dividend Date | Jun 27, 2024 |
| Volume | 5,873,232 |
| Open | 6.80 |
| Previous Close | 6.83 |
| Day's Range | 6.76 - 6.84 |
| 52-Week Range | 6.37 - 8.07 |
| Beta | 0.81 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 18, 2025 |
About DEXUS
Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $54.5 billion. The Dexus platform includes the Dexus investment portfolio and the funds management business. We directly and indirectly own $14.8 billion of office, industrial, retail, healthcare, infrastructure and alternatives. We manage a further $39.7 billion of investments in our funds management business which provides third party capital with exposure to quality sector speci... [Read more]
Financial Performance
In 2024, DEXUS's revenue was 338.30 million, a decrease of -47.78% compared to the previous year's 647.80 million. Losses were -1.58 billion, 110.4% more than in 2023.
Financial StatementsNews
UniSuper, Cbus win right to buy $830m Macquarie Centre stake off Dexus
The superannuation giants had taken Dexus, one of the country’s largest real estate landlords, to court claiming it breached contractual rules and had to sell.
What we learnt from walking Sydney with our biggest office landlord
Exploring the streets of its CBD with the chief executive of commercial property giant Dexus, it fast becomes clear that the outlook is far from settled.
Three-horse race at Queensland Airports; Dexus snags a wing man
Dexus has survived the loss of a big partner while KKR’s dealmakers seem to have overcome last-minute doubts about lobbing a binding bid.
See ya laters! GIP taps out at Queensland Airports auction
Dexus has until September 23’s deadline for binding offers to hunt for a partner that could fill in the equity funding hole left by GIP’s decision to walk.
Dexus to offload Townsville mall for more than $200m
The looming sale of the Willows Shopping Centre comes amid a noticeable pick-up in deal activity, including from ASX-listed Scentre and Vicinity.
Dexus (DEXSF) (Q4 2024) Earnings Call Transcript Highlights: Key Takeaways from the Full Year ...
Dexus (DEXSF) (Q4 2024) Earnings Call Transcript Highlights: Key Takeaways from the Full Year 2024 Results
Full Year 2024 Dexus Earnings Call Transcript
Full Year 2024 Dexus Earnings Call Transcript
Dexus property valuation rout deepens by $2bn
Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value.
ASX retakes 8000; Dexus posts $1.5b loss; Superyacht tragedy
Read everything that’s happened in the news so far today.
Dexus posts $1.5 billion loss as office values tumble
The fund manager and investor expects a drop in earnings in the 2025 financial year amid a challenging commercial property sector.
Dexus, CPPIB in advanced talks to sell Sydney’s Tiffany building
The tower had a circa $622 million book value at December 31, but was slashed to about $550 million at Dexus’s June revaluation of its portfolio.
QIC replaces real estate managing director
Queensland Investment Corporation (QIC) has appointed a former Dexus executive as its new real estate managing director.
Dexus poaches AustralianSuper’s infrastructure tsar Nik Kemp
It is the biggest hire so far by the company’s new chief executive, Ross Du Vernet, who took over the top post from long-serving Darren Steinberg this year.
Dexus sells three assets for $383.2m
Dexus has announced the sale of three additional assets after seeing $1.3 billion wiped from its portfolio.
Dexus sees $1.3bn wiped from portfolio value
An external revaluation of the bulk of its assets estimates Dexus' book value has dropped some 9% in the last six months.
Dexus, ART to tag team at Kiwi energy distributor Powerco’s selldown
It is now clear that ART has no intentio of checking out of PowerCo, and in fact wants to double down alongside RBC-advised Dexus.
Janus Henderson Takes Big Swing on Australian REITs
Janus Henderson is significantly overweight on Australian REITs in its fixed-interest portfolios, building positions in Dexus, GPT and Vicinity Centres because of their low gearing.
Mall war: Kevin Seymour accuses Dexus of anticompetitive conduct
The Rich Lister is accusing Dexus of acting anti-competitively for blocking his proposed Brisbane precinct to protect its own retail asset down the road.
Dexus completes $300m raising
The real estate manager said it is on track to raise $1 billion in equity.
Dexus hits the road for $1b opportunistic fund; first close in April
At about $1 billion, DREP2 would be about twice the size of its predecessor which secured $475 million in equity commitments from investors including Mercer.
‘Get in at the right time, you’ll outperform’: Steinberg exits Dexus
The chief executive is stepping down from one of the country’s biggest firms, bringing to a close two decades of high-profile commercial property leadership.
Dexus CEO Says Australia, U.S. Office Markets Have Key Differences
Many drivers of a downturn in U.S. commercial property aren’t shared by Australia, which so far hasn’t experienced a shock like the one that sent the share prices of banks on three different continent...
Dexus results mixed prior to Steinberg's exit
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023.
Dexus holds firm on 2024 payout amid office jitters
Chief executive Darren Steinberg says there are signs of stability is returning to the office deals market as buyers gain confidence that write-downs are near the end.
Dexus sees end to office woes despite tough half
Office landlord and property funds group Dexus believes that activity in commercial property markets will bounce back later this year as interest rates stabilise, and big institutions again look to in...