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Overview
Dexus is an Australian real estate investment trust (REIT) that specializes in owning, managing, and developing office, industrial, and retail properties. It was founded in 2004 and is headquartered in Sydney, Australia. The company has a portfolio of over 200 properties across Australia, valued at approximately $35 billion. The companyβs main focus is on office properties, which make up around 65% of its portfolio. It also has a significant presence in the industrial and retail sectors. Dexus owns properties in all major Australian cities, with the majority located in Sydney and Melbourne. Dexus is managed by a team of experienced real estate professionals and has a strong track record in delivering solid returns for its investors. The companyβs main objectives are to generate sustainable long-term income and capital growth for its investors, while also maintaining a strong balance sheet and managing risk. Dexus is listed on the Australian Securities Exchange (ASX) and is included in the S&P/ASX 50 index. The company also has a secondary listing on the Singapore Exchange (SGX) and its securities are traded on the over-the-counter market in the United States. In addition to its property investments, Dexus also has a funds management business, which manages third-party capital and provides management services for other property owners. This business contributes to the companyβs overall revenue and diversifies its income streams. Overall, Dexus is an established and reputable company in the Australian real estate market, with a strong portfolio and experienced management team.
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