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Dexus Convenience Retail REIT Boosts Income with Strategic Redevelopment and Divestments
9:18am on Monday 2nd of June, 2025 AEST
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Real Estate
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Dexus Convenience Retail REIT Boosts Income with Strategic Redevelopment and Divestments
9:18am on Monday 2nd of June, 2025 AEST
Key Points
Portfolio valued at approximately $709 million with 99.4% occupancy
Gearing reduced to 28.7%, supporting future growth initiatives
3.1% average rent review and 2.8% like-for-like income growth
Glass House Mountains redevelopment underway, expected completion early 2026
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Dexus Convenience Retail REIT (ASX:DXC)
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