DXS News: Dexus pitches Australia as safe haven, plans A$2 billion asset sale - 18th Feb 2025, 1:48pm

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By Byron Kaye and Roshan Thomas

(Reuters) - Dexus, Australia's largest office landlord, on Tuesday pitched the country as a safe harbour for investors amid geopolitical uncertainty, as it aims to sell A$2 billion of assets in three years in a faltering commercial property market.

The Sydney-listed company said it had completed a quarter of its divestment plan, as it reported a 13.9% drop in adjusted funds from operations — its preferred performance metric — for the six-month period e...

>>> Read more: Dexus pitches Australia as safe haven, plans A$2 billion asset sale
 
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