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Dexus

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Dexus chief executive Ross Du Vernet

Interest rates not the only concern: Dexus CEO

Ross Du Vernet says the labour market remains tough and cost pressures exist, while energy prices are also an issue.

Ross Du Vernet

DATAROOMDataRoom

Aerial birds eye views of real estate and infrastructure in Sydney Australia of CBD

Blackstone returns for a new look at an $8bn move on Dexus

Four years on from weighing a bid to buy Dexus, global private equity powerhouse Blackstone is understood to have been back on the scene, weighing up the prospect of an $8bn deal.

Commercial PropertyProperty

145-Ann-Street-8

Superannuation fund Aware strikes Brisbane office deal

Investment giant and superannuation fund Aware has bought into a major tower in Brisbane’s CBD from a venture run by heavyweight Dexus.

QIC is selling the Woodgrove Shopping Centre in Melbourne

Big institutions go shopping for centres but bargain sales end

Listed groups headed by Dexus, GPT and HMC Capital are leading the charge back into buying large shopping centres.

Annual meetingsProperty

Dexus chief executive Ross Du Vernet

Dexus hit by second strike as investors rebel over CEO pay

The landlord has copped a protest vote on the back of unhappiness about how it was planning to reward its new chief executive.

Executive payCommercial

Dexus chief executive Ross Du Vernet

Dexus dumps $3m CEO incentive plan after investor revolt

The property major dropped the proposed scheme and will update investors on its plan at its annual meeting this week.

DATAROOMDataRoom

China Eastern Airlines flight MU571 from Shanghai landed at Cairns Airport just after midday on Thursday, beginning a series of seasonal flights during the Chinese New Year period. Image: Supplied

Dexus chasing airports owner

Dexus is believed to be positioning itself for another attempt to take control of one of Australia’s airport assets after missing out on Gold Coast airport owner Queensland Airports.

DATAROOMDataRoom

Blurred forklift driver warehouse

Growthpoint’s selldown a carrot to investors

Growthpoint Properties Australia’s $132m selldown out of the Dexus Industria REIT this week could be just what the group needs to win over investors.

ConversionsCommercial

Bollards around Brisbane City. Mineral House. (AAP Image/Mark Calleja)

Property player makes $500m student accommodation foray

Dexus is moving beyond its roots as an office landlord and is buying an ageing block in Brisbane to convert into student digs with the aid of Marquette Properties.

DATAROOMDataRoom

Interior of empty warehouse COMMERCIAL STORAGE

Growthpoint in $131.7m block trade for Dexus Industria REIT

Investment bank Jarden is on the ticket for the real estate trade.

DataRoomDataRoom

Fawkner Property has acquired the Willows Shopping Centre in Townsville for $212m

Fawkner brings the retail Midas touch to Townsville

Chris Garnaut’s funds house Fawkner Property has finalised a deal to buy Willows Shopping Centre in Townsville from a fund run by the listed Dexus.

Business Breaking News

SYDNEY, AUSTRALIA : NewsWire Photos- AUGUST 07 2024. A view of the digital boards at the Australian Stock Exchange at the ASX in Sydney with the US market causing havoc on the Australian Economy. Picture: NewsWire /Gaye Gerard

Aussie property developer posts $1.5bn loss

A major commercial property player has taken a huge financial hit, as negativity around iron ore leaves room for investors to pounce.

PropertyProperty

Dexus chief executive Ross Du Vernet

Dexus falls to $1.58b loss as office towers weigh

The office group is making a move from being a landlord into more active businesses and will cut its distribution as it invests in new sectors.

Trading DayTrading Day

SYDNEY, AUSTRALIA : NewsWire Photos- AUGUST 07 2024. A view of the digital boards at the Australian Stock Exchange at the ASX in Sydney with the US market causing havoc on the Australian Economy. Picture: NewsWire /Gaye Gerard

ASX 200 rises; Judo top gainer; Yancoal leads declines

Inflation will be ‘slow to decline’: RBA minutes. Dexus sinks on FY25 distribution warning. Ansell’s result better than expected. Judo tops expectations. Reliance results ‘operationally strong’. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.

David Rogers, Valerina Changarathil and Joseph Carbone

City BeatBusiness

DEAL-20161021 embargo for DEAL 21 Oct 2016 Deborah Coakley Pic : Hollie Adams

QIC appoints new real estate head

QIC says that former Dexus executive Deborah Coakley will replace Michael O’Brien as head of its real estate funds business and multi-billion development pipeline.

Property saleProperty

BUSINESS REAL ESTATE - SABJ_CODAN_25MAY15 Codan is biggest commericial lease in SA for two years -- Richard Evans Business Reporter

Dexus puts Adelaide offices on the block

Dexus is looking to sell a $40m office block in Adelaide, which it picked up as part of its acquisition of AMP’s real estate and infrastructure funds business.

Giuseppe Tauriello

commercial propertyProperty

pitt and bridge st sydney

Towering ambition: sky’s the limit in effort to woo back workers

The country will get two of its tallest buildings as big companies pull out all the stops to try to entice workers back to their desks by moving in to new-style hi-tech office towers.

LogisticsProperty

Workers cutting concrete on the runway with aircraft taking off over them, Brisbane Airport. Picture: Liam Kidston

Blackstone swoops on airport business park

Blackstone has bought into a Queensland last mile logistics asset being sold by Dexus Wholesale Property Fund for just over $50m.

OfficesProperty

5 Martin Place, sydney

Dexus to check out of Martin Place tower

Dexus is close to striking one of the country’s largest office deals this year by selling a half interest in the landmark 5 Martin Place tower in the heart of Sydney.

DATAROOMDataRoom

Former Dexus boss tipped as Lendlease chair contender

A former Dexus boss and an ex-Suncorp exec are among those being tipped as possible contenders for key spots on the Lendlease board.

Sydney's The Grounds of Alexandria has been crowned the most Instagrammed restaurant in the world. Picture: Supplied/Instagram.

Owner of The Grounds of Alexandria site sells off industrial parks

A fund run by heavyweight property group Dexus is capitalising on private players swooping on the hot logistics sector.

Commercial PropertyProperty

Tuesday 31st October 2023 Major construction company Built has gone from $0 to $300m turnover in just 10 years operating in SA. At 60 King William St, Adelaide Pic Roy VanDerVegt

Dexus raises $300m for opportunistic real estate fund

Property companies are getting into higher risk areas as returns from traditional investments like offices and shopping centres come under pressure.

DATAROOMDataRoom

Electricity towers hold up cables in Newcastle on Tuesday, June 5, 2012. (AAP Image/Paul Miller) NO ARCHIVING

Dexus in box seat for Powerco

The $7.6bn listed real estate and infrastructure group Dexus is poised to exercise pre-emptive rights to buy an additional $1bn stake in New Zealand’s energy distributor Powerco.

Westfield Tea Tree Plaza

Half stake in Tea Tree Plaza picked up from Dexus fund

The top end of the mall market is in for a big reset with a stake in Adelaide’s Tea Tree Plaza trading at a discount to the value Westfield owner Scentre is believed to hold its interest.

SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024: Brett Henson arrives at Downing Court in Sydney. The Mirvac executive is fighting allegations he threatened a taxi driver and stole his work vehicle during a wild night out in the city. Picture: NCA NewsWire/ Gaye Gerard

Former Mirvac exec ‘feared for his life’, stole taxi

Brett Henson, now unemployed, told a court he was ‘petrified’ after two to five men surrounded him and told him they were part of the Muslim Brotherhood.

Joanna Panagopoulos

SYDNEY, AUSTRALIA - NewsWire Photos, APRIL 28, 2023. Her Royal Highness Crown Princess Mary of Denmark tours the sustainable skyscraper Quay Quarter Tower, which was designed by the Danish architecture firm 3XN during her Sydney visit. Picture: NCA NewsWire / Jeremy Piper

Dexus fund trades out of Mirvac offices at discount

A Dexus fund took a hit as it switched out of investing in a major office trust in a sign of tough times in the sector.

PropertyProperty

Dexus and the Dexus Office Partnership are selling 385 Bourke St, Melbourne

Dexus sees end to office woes despite tough half

The office landlord and property funds company says that big investors are readying to come in to the market as interest rates stabilise.

PropertyBusiness

Dexus and the Dexus Office Partnership are selling 385 Bourke St, Melbourne

Dexus names new CEO to lead $50bn transformation

The property investment giant has appointed a new boss to helm a major push into infrastructure and navigate increasingly challenging conditions in commercial real estate.

Glen Norris and Ben Wilmot

Trading DayTrading Day

SYDNEY, AUSTRALIA - NewsWire Photos - APRIL 18 2023 - A general view of people walking past the ASX in Central Sydney. Picture NCA NewsWire / Gaye Gerard

ASX 200 ends flat amid mining losses; Pact soars

Santos, Woodside gain amid merger talks. Pact accepts billionaire’s higher bid. Sigma-Chemist Warehouse union to create $8.8bn powerhouse. Costa Group flags earnings fall.

David Rogers, Valerina Changarathil and Megan Neil

OFFICE TOWERSProperty

Brookfield will offer its stake in 388 George St, Sydney, for sale

Double the money: dual Sydney skyscraper sales loom

The owners of two neighbouring Sydney skyscrapers are weighing up their options to potentially sell up the prime sites worth more than $1.1bn.

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Original URL: https://www.theaustralian.com.au/topics/dexus/page/2