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Dexus Prop Announces Half Yearly For The Period 2019

06 Feb 2019  |  10:20:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: HY19 Results release

Dexus Prop announced half yearly for the period 2019. It reported funds from operations of $353.3m, up by 9.8%, distribution per security of 27.2 cents, up 14.8%. During the period, the Company secured a prime office development site in the Melbourne CBD, through entering into agreements to acquire adjoining properties at 60 and 52 Collins Street, which, along with the development at 140 George Street. Further it manages $15.0Bn of funds on behalf of 73 third party clients after securing new investors.

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