Dexus (ASX: DXS)
Australia
· Delayed Price · Currency is AUD | Market Cap | 7.58B |
| Revenue (ttm) | 914.90M |
| Net Income (ttm) | -1.37B |
| Shares Out | 1.08B |
| EPS (ttm) | -1.28 |
| PE Ratio | n/a |
| Forward PE | 11.12 |
| Dividend | 0.31 (4.45%) |
| Ex-Dividend Date | Dec 28, 2023 |
| Volume | 3,052,298 |
| Open | 7.03 |
| Previous Close | 6.97 |
| Day's Range | 7.01 - 7.08 |
| 52-Week Range | 6.30 - 8.36 |
| Beta | 0.74 |
| Analysts | n/a |
| Price Target | 8.08 (+14.61%) |
| Earnings Date | Feb 14, 2024 |
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 $61.0 billion (pro forma post final completion of the AMP Capital acquisition). We believe that the strength and quality of our relationships will always be central to our success and are deeply connected to our purpose: Unlock potential, create tomorrow. We directly and indirectly own $17.4 billion of office, industrial, healthcare, retail and infrastructure assets and investments... [Read more]
Financial Performance
Financial StatementsNews
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...
Dexus Annual Shareholders Meeting Transcript
Dexus Annual Shareholders Meeting Transcript
Barrenjoey nabs mandate for QIC’s Powerco strategic review
Sources said Dexus was holding tight to its 42 per cent slice of Powerco while QIC prepared for an exit.
Why this fundie is backing ACL, Ramsay and Dexus
Ethical Partners’ Nathan Parkin says the best opportunities for investors will be in the smaller end of the sharemarket in 2024.
Hub operators step up for 2024 after WeWork buckles
Hub Australia is going big with its CBD offerings to compete with major landlords such as Dexus, while others are focusing on the suburbs for safer returns.
Big office landlords hungry for restaurants: steakhouse king
Seagrass Hospitality, which operates restaurants like Meat & Wine Co, is partnering with Dexus and Brookfield on new steakhouses in their office towers.
Dexus Appoints Ross Du Vernet as the forthcoming CEO and Executive Director
Dexus has announced the appointment of Ross Du Vernet as the forthcoming Chief Executive Officer and Executive Director, succeeding Darren Steinberg. Steinberg will continue to serve as Dexus CEO unti...
Dexus finds next chief executive
After a two-month search, the property giant has named Ross Du Vernet as its new chief executive following the recent resignation of long-term boss Darren Steinberg.
Du Vernet to steer Dexus through tough time for commercial property
Ross Du Vernet will become chief executive amid generational change across the sector.
Getting real: Dexus makes funds push for future
Property and funds group Dexus has flagged a major push into infrastructure and new areas of property over the next decade, in moves that could see it bolster its empire by $50bn.
Dexus’s $2.3b Wholesale Australian Prop Fund tightens redemptions
It is the second time this year that the retail-focussed fund has made it harder for investors to pull their money out.
AMP Capital sale inches toward completion
The final conditions necessary to complete the sale of AMP Capital's real estate and domestic infrastructure business to Dexus Funds Management (Dexus) have been met.
Dexus on the hunt for new chief executive
Darren Steinberg will leave Dexus in the new year, after more than 11 years serving as its chief executive.
Dexus CEO Darren Steinberg to step down
Darren Steinberg’s exit is the latest departure in a generational change sweeping across the top ranks of the property sector.
Property boss who transformed Dexus calls time
One of the property industry’s leading figures, Darren Steinberg, will step down after more than 11 years at the helm of office property and funds giant Dexus.
Dexus launches new opportunities fund
A second closed-ended opportunity fund from Dexus will provide wholesale investors with exposure to investments in property repositioning, development, special situations, and credit opportunities.