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Dexus Announces 2018 Annual Results - Strong Foundations, Positive Momentum

Dexus today announced that it had achieved distribution and AFFO per security growth of 5.1% for FY18.

Darren Steinberg, Dexus Chief Executive Officer said: “We performed well across all areas of the business, meeting or exceeding our financial and operational targets, while continuing to position the group for the future.

“A key driver of sustained growth is investment performance at the asset level, and our office portfolio continued to outperform the IPD office benchmark over one, three and five-year periods. In addition, our focus on maximising cash flow has seen us deliver distribution per security growth of 6.9% per annum over the past six years and for FY19 we are expecting this momentum to continue, with growth of circa 5%.

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