ASX Announcements
Market Sensitive
Periodic Reports - Other, Notification of Results/Reporting Date
- Jun 20, 2024
- 1 page
Market Sensitive
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Jun 19, 2024
- 5 pages
Yesterday
Dexus, CPPIB in advanced talks to sell Sydney’s $550m Tiffany building
The tower’s book value was about $622 million as of December 31, but this was slashed to about $550 million during Dexus’ revaluation of its portfolio in June.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
Ex-RBC banker launches real estate IM with Iris Energy deskmate
Street Talk understands co-founders Bom Shin and Kevin Ghazi have just come off an Asia roadshow and are actively looking at deals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Scentre, Barrenjoey pin down another Adelaide shopping mall bargain
A month after they struck a deal at Tea Tree Plaza, Scentre Group and Barrenjoey Private Capital Management are back, buying a 50 per cent stake in an Adelaide mall.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Dexus poaches AustralianSuper’s infrastructure tsar Nik Kemp
It is the biggest hire so far by the company’s new chief executive, Ross Du Vernet, who took over the top post from long-serving Darren Steinberg this year.
- Nick Lenaghan
UBS has a new suggestion for REIT investors – buy battered Mirvac
The bank’s analysts, in a 65-page overview of the sector, said the market had yet to confront the impact of higher interest rates. It expects two increases.
- Kylar Loussikian
Local REITs outpace broader market despite sagging asset valuations
Goodman Group was the standout performer in the 12 months to June 30, buoyed by rising demand from investors for exposure to data centres.
- Updated
- Kylar Loussikian
June
- Exclusive
- Office
Dexus-Canadian fund cashes out $310m Martin Place stake at a discount
Office valuations have been progressively written down over the past two years as the sector absorbs the cost of high rates.
- Campbell Kwan
- Opinion
- Chanticleer
Why the office property market is still in real pain
Sliding valuations in Australian office real estate means the debate about whether the sector has hit the bottom will rage on.
- James Thomson
Rich Lister’s war on Dexus vanishes its competition policy
Amid Seymour Group’s volleys, Dexus has quietly deleted its competition policy from its website.
- Myriam Robin
- Opinion
- Property investment
How the ultra-wealthy are preparing for a property uptick
When Rich Listers hit go on commercial real estate projects, it’ll be a sign that we’re close to a market turnaround.
- Sam Tamblyn
May
- Exclusive
- Commercial real estate
Mall war: Kevin Seymour accuses Dexus of anticompetitive conduct
The Rich Lister is accusing Dexus of acting anti-competitively for blocking his proposed Brisbane precinct to protect its own retail asset down the road.
- Campbell Kwan
April
- Exclusive
- Industrial
Batteries to power up warehouse pipeline as big as 40 MCGs
Dexus’ program to install batteries in all its new warehouses will cut its tenants’ energy bills by almost $100,000 a year and reduce their carbon emissions.
- Larry Schlesinger
Dexus hits the road for $1b opportunistic fund; first close in April
At about $1 billion, DREP2 would be about twice the size of its predecessor which secured $475 million in equity commitments from investors including Mercer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Atlassian’s low-carbon skyscraper is ‘out of the ground’
The work-from-home revolution has failed to kill the $1.5b Atlassian Central project near Sydney Central Station, with a key construction milestone now passed.
- Updated
- Peter Ker and Lap Phan
Super funds nominating directors to boards ‘unwise’
Super funds that nominate a director to a company board may fail to change the organisation’s strategy and could lose flexibility to manage their investment, leading chairmen warn.
- Sally Patten
March
- Opinion
- Property Observed
‘Get in at the right time, you’ll outperform’: Steinberg exits Dexus
The chief executive is stepping down from one of the country’s biggest firms, bringing to a close two decades of high-profile commercial property leadership.
- Robert Harley
Why a glass box in Sydney’s CBD is sending sports nerds wild
It’s got a reputation for being an “old man’s sport”, but squash is having a moment in the sun – and in Sydney’s Martin Place.
- Samantha Hutchinson
What the cash rate means for REITs
While further property write-downs may come in June, there may be little more beyond that as the outlook for interest rates turns favourable, says Citi.
- Nick Lenaghan
- Exclusive
- Office
Marquette buys Brisbane CBD tower at 25pc discount for student housing
After sitting on the market for 18 months, a Saudi fund’s Brisbane CBD office tower has finally sold as buyer and seller expectations grow closer.
- Campbell Kwan
Cranbrook head wanted $2m to leave two years ago: sources
The death of Nicholas Sampson’s brother in a car accident would have been used as a pretext for the headmaster’s retirement, a confidential document shows.
- Aaron Patrick, Julie Hare and Myriam Robin
