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Dexus Convenience Retail REIT Posts $14.7M Profit Amid Strategic Growth Moves
9:19am on Monday 2nd of June, 2025 AEST
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Real Estate
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Dexus Convenience Retail REIT Posts $14.7M Profit Amid Strategic Growth Moves
9:19am on Monday 2nd of June, 2025 AEST
Key Points
Net profit of $14.7 million, reversing prior loss
Funds from operations (FFO) slightly down to $14.3 million due to higher interest rates
Portfolio occupancy remains robust at 99.4% with long lease expiry profile
$24 million Glass House Mountains redevelopment underway, fully pre-leased
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