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DEXUS (DXS.AX)

ASX - ASX Delayed price. Currency in AUD
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7.18-0.06 (-0.83%)
At close: 04:10PM AEST
Full screen
Previous close7.24
Open7.27
Bid7.14 x 141800
Ask7.34 x 697500
Day's range7.15 - 7.34
52-week range6.30 - 8.36
Volume1,964,171
Avg. volume3,060,577
Market cap7.723B
Beta (5Y monthly)0.74
PE ratio (TTM)N/A
EPS (TTM)-1.21
Earnings date14 Feb 2024
Forward dividend & yield0.50 (7.01%)
Ex-dividend date28 Dec 2023
1y target est8.08
  • 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.