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DEXUS (DEXSF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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4.7800-0.2990 (-5.89%)
At close: 12:03PM EDT
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Trade prices are not sourced from all markets
Previous close5.0790
Open4.7800
Bid0.0000 x 0
Ask0.0000 x 0
Day's range4.7800 - 4.7800
52-week range4.0600 - 6.1100
Volume226
Avg. volume65
Market cap5.141B
Beta (5Y monthly)0.75
PE ratio (TTM)N/A
EPS (TTM)-0.8100
Earnings date14 Aug 2024 - 19 Aug 2024
Forward dividend & yield0.33 (6.82%)
Ex-dividend date28 Dec 2023
1y target estN/A
  • Reuters

    Sydney office block sold at 16% discount as rates, remote working hit sector

    Australian real estate firm Dexus said on Friday it had sold an office building in downtown Sydney, with the buyer receiving a 16% discount on a 2022 valuation as higher interest rates and home working crunch prices for office space. Reuters reported on Wednesday that the company, one of Australia's largest landlords, had signed a conditional deal last month to sell its Margaret Street building in Sydney's central business district, citing its annual report. The property industry globally, and office building owners in particular, are struggling as working from home and e-commerce lead tenants to reconsider floor space just as higher interest rates reduce building values and raise debt servicing costs.