)
Dexus Convenience Retail (DXC) investor relations material
Dexus Convenience Retail H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered FY 2025 FFO and DPS of AUS 0.207 per security, slightly above guidance, with resilient income and 99.9% occupancy across 91 strategically located assets and a 7.9-year WALE.
Portfolio comprises over 90 assets valued above AUS 700 million, weighted to the eastern seaboard and major national tenants.
$38.8 million in strategic divestments improved portfolio quality and provided capacity for future growth.
NTA per security increased by AUS 0.08 (2.2%) to AUS 3.64, supported by rental growth and cap rate compression.
Glass House Mountains Northbound redevelopment on track for Feb 2026 completion, expected to enhance WALE and deliver strong returns.
Financial highlights
FY25 FFO of $28.4m, down 1.5% year-over-year due to higher debt costs and divestments, offset by 2.9% like-for-like income growth.
Distributions and FFO per security at 20.7 cps, 1.5% lower year-over-year but above guidance.
NTA per security rose to $3.64, up from $3.56 last year.
Portfolio valuation increased by $16.6m (2.3%), with average cap rate compressing 8 bps to 6.32%.
$38.8m of divestments settled at 1.8% average discount to book value.
Outlook and guidance
FY 2026 guidance targets FFO and distributions per security of AUS 0.209 (20.9 cps), up 1.2% year-on-year, supported by contracted rental increases and current interest rate expectations.
Distribution yield expected to exceed 7%, supported by strong income visibility.
Guidance assumes no capital deployment beyond Glass House Mountains northbound.
Focus remains on value-enhancing activities, including redevelopment, pipeline restocking, and growth opportunities.
Next Dexus Convenience Retail earnings date
Next Dexus Convenience Retail earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)