Dexus Reports Minor Decline in Portfolio Valuations

Dexus Finance Pty Limited has announced a slight decrease in its portfolio valuations as of June 30, 2026. The company's 175 assets, including 27 office properties and 148 industrial properties, recorded a decrease in value by approximately $24 million, or 0.2%, on book values over the past six months. This variation reflects the stabilised portfolio and development assets.

The office portfolio saw a 0.4% decrease, attributed to slightly higher capitalisation and discount rates, partially balanced by market rental growth. Meanwhile, the industrial portfolio value increased by 0.5%, supported by market rental growth and a marginally firmer discount rate, despite a softer capitalisation rate.

The final valuations will be confirmed in Dexus's FY26 results, set to be released on August 20, 2026. These evaluations provide insights into the current market, suggesting a stabilised environment driven by fundamental factors.