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Secrets of an unstressed CEO

Secrets of an unstressed CEO

He might run one of Australia's biggest owners of commercial real estate, but Dexus chief Darren Steinberg doesn't lose sleep worrying about work.

Dexus chief executive Darren Steinberg: "We like to think of ourselves as the quiet achievers." Janie Barrett

Ingrid Fuary-WagnerExplainer editor

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Nothing − except worrying about what time his kids will be home after dark − keeps Darren Steinberg up at night. It's a big call from the chief executive of Dexus. As the man at the helm of one of the biggest owners of commercial real estate in the country, Steinberg is ultimately responsible for $34 billion worth of property that 27,000 shareholders and 79 capital partners have entrusted to the real estate fund manager.

Dexus, the nation's biggest office-building landlord and third-largest industrial landlord, is riding the wave of demand for real estate – be it city skyscrapers, industrial estates, shopping centres or, more recently, medical centres – as investors look for somewhere to put their capital in a low-interest-rate environment.

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Ingrid Fuary-Wagner
Ingrid Fuary-WagnerExplainer editorIngrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com

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Original URL: https://www.afr.com/property/commercial/secrets-of-an-unstressed-ceo-20200123-p53u3b