Welcome to DEXUS Property Group's 2011 Annual Review

 
  • JUL 2010

    DEXUS announced a streamlined Executive structure to drive enhanced performance and further strengthen the Group's leadership position as the leading owner, manager and developer of high quality office and industrial properties in Australia.

  • AUG 2010

    DXS announced FFO for the year to 30 June 2010 of $350m and a net profit after tax attributable to security holders of $31.4m.

    Acquired Erskine Park into the DXS industrial portfolio.

  • SEP 2010

    New Head of Corporate Responsibility and Sustainability appointed to lead the Group's strategic programs.

  • NOV 2010

    DEXUS Wholesale Property Fund acquired an industrial portfolio comprising 13 properties for $232m, diversifying and increasing its portfolio weighting to industrial.

    Acquired Archerfield into the DXS industrial portfolio.

  • JAN 2011

    DXS acquired two properties in Los Angeles for US$40.7m and sold five properties for US$47.3m in non-core markets.

    First property group in Australia to achieve NABERS Energy and Water ratings on all eligible properties in our DEXUS managed retail portfolio.

  • FEB 2011

    DXS announced improved first half performance with net profit of $294.4m, favourable property revaluations resulting in a 3% increase in NTA per security. Strong capital management resulted in conservative gearing of 29.1%. Upgraded earnings guidance – FFO per security from 7.3 cents to 7.4 cents.

    New Head of Capital appointed with responsibility for managing and growing the Group's third party investment management platform.

  • MAR 2011

    DEXUS became a founding member of the City of Sydney's Better Building Partnership – which aims to improve the sustainability performance of existing commercial and public sector buildings across inner Sydney.

    DXS priced its second US$250m debt issue in the United States 144A bond market at historically low rates.

  • JUN 2011

    DXS sold its only Canadian property for C$78.7m, representing a 13% premium on the December 2010 book value and a 10% premium to the original cost price.

    Chief Operating Officer joins the Board of Low Carbon Australia (formerly the Carbon Trust).

    Secured an additional $1.8m in the final round of the Australian Government's Green Building Fund in 2011, taking total funding from this initiative to over $5.8m across nine office and three retail properties.

  • JUL 2011

    DEXUS became the first Australian-based founding member of the Greenprint Foundation and DEXUS's CEO joins Greenprint's Board of Directors.

    DXS acquired a 27,128 sqm industrial property in La Palma, California.

    1 Bligh Street and 123 Albert Street reach practical completion.