Dexus Industria REIT (DXI.AX)
Dexus Industria REIT operates in the REIT - Industrial industry of the Real Estate sector, headquartered in Melbourne, VIC, AU. The stock last traded at $2.35, down 4.47% on the session, giving a market capitalisation of $734.3M. Its beta of 1.01 implies it has historically moved more than the broad market.
Dexus Industria REIT, a prominent Australian listed real estate investment trust previously known as APN Industria REIT, specializes in a portfolio of office and industrial properties. These assets are strategically designed to offer functional and cost-effective workspaces for various businesses. The trust manages a substantial $824 million portfolio, comprising 32 properties situated across Australia's major urban centers. This portfolio is engineered to deliver both consistent income and long-term capital appreciation to its security holders. Financially, Dexus Industria REIT maintains a targeted gearing range of 30-40%, allowing for robust growth opportunities without deviating from its cautious management philosophy. Overall management is handled by APN Property Group, an expert real estate investment manager founded in 1996, with oversight provided by a board primarily composed of independent members.
Dexus Industria REIT is most often compared with the following Real Estate names: