Dexus is an australian Real Estate Investment Trust founded in 2012.
Australian Real Estate Investment Trust
Dexus (ASX: DXS) is an Australian Real Estate Investment Trust (A-REIT) managing an Australian property portfolio valued at $42.5 billion.
Dexus invests only in Australia and directly owns $17.5 billion of office, industrial and healthcare properties. The directly owned portfolio consists primarily of office properties located across the capital cities of Sydney, Melbourne, Brisbane and Perth.
Dexus manages a further $25.0 billion of office, retail, industrial and healthcare properties for third party capital partners, with a $14.6 billion development pipeline across the group.
Dexus is listed on the Australian Securities Exchange
History
Dexus was listed on the Australian Securities Exchange in 1984 as the Deutsche Diversified Trust, followed by the Deutsche Industrial Trust in 1984 and the Deutsche Office Trust in 1998. In 2004, all three were stapled to form the DB Rreef Trust. In 2008 it was rebranded as the Dexus Property Group. On 27 March 2017, the company was rebranded to Dexus.
2021
Dexus acquires APN Property Group
Completed the implementation of the Simplification of Dexus's corporate structure
Established a new healthcare platform relationship with Australian Unity
Developments completed at North Shore Health Hub in St Leonards, LOOP in Granville
Commenced development at Crossbank
2020
Dexus establishes new JV to acquire interest in Rialto Towers, Melbourne
Developments completed at 180-189 Flinders Street, Melbourne, 80 Collins Street in Melbourne and 12 Creek Street – The Annex, Brisbane
Commenced developments at Horizon 3023
2019
Dexus acquires the Australian operations of strategic workplace and change management consultancy Six Ideas
Dexus partners with Taronga Ventures on new real estate technology innovation platform
Completed developments at 100 Mount Street, North Sydney, 240 St Georges Terrace, Perth and Quarry at Greystanes.
Commenced developments at LOOP and Freeman Central
2018
Established a new circa $2 billion unlisted Australian logistics joint venture with GIC
Restocked the Group industrial development pipeline in core locations through $188 million of acquisitions with an end value of circa $700 million
Commenced developments at 180 Flinders Street, Melbourne and 12 Creek Street, Brisbane
2017
Dexus acquires $1bn of Sydney office buildings
Established a joint venture to launch a new listed property healthcare fund
2016
Prime office developments open at
5 Martin Place, Sydney, 480 Queen Street, Brisbane and Kings Square in Perth
Dexus and DWPF commence development at 100 Mount Street, North Sydney
2015
DXS successfully completed $480 million equity raising comprising $400 million fully underwritten institutional placement and approx. $80 million by way of a non-underwritten Security Purchase Plan (“SPP”)
Dexus and DWPF jointly acquire the Waterfront Place Complex in Brisbane for $635 million (excluding acquisition costs)
2014
Dexus forms the Dexus Industrial Partnership with the Future Fund
Dexus and Canada Pension Plan Investment Board take over CPA's $3.4 billion office portfolio
2013
Dexus secures $1 billion of Australian real estate on behalf of third party funds
Dexus and Canada Pension Plan Investment Board (Consortium) announces off-market takeover to acquire CPA
Dexus acquires a 14.9% economic interest in CPA
European portfolio sale completed
Dexus head office moves to Australia Square
Australian Real Estate Investment Trust