$660 million valuation uplift across Dexus portfolio

Dexus today announced that 96 of their 103 assets, comprising 44 office properties and 52 industrial properties have been externally valued as at 31 December 2017.

The external independent valuations have resulted in a total estimated $660 million or circa 5.3% increase on prior book values for the six months to 31 December 2017. As a result of these valuations, Dexus’s net tangible assets per security is expected to increase 65 cents.

Click here to read the announcement.