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DEXUS Property Group Announces 2017 Half Year Results - Delivering Growth in Underlying Business

DEXUS Property Group (DEXUS) today announced that it had achieved strong operational results, delivering growth in its underlying business, and has upgraded market guidance for the 2017 financial year.

Darren Steinberg, DEXUS Chief Executive Officer, said: “Our commitment to delivering value for investors has seen us remain active through leasing, development and transactional activity.

“Income growth from leasing activity and development completions during FY16 helped to offset the impact of recent asset sales, driving a solid underlying result.

“We’ve progressed priority projects in our trading pipeline as well as opportunities to restock the future pipeline and we’re confident that the remaining forecast trading profits will be realised in the coming months, delivering on our FY17 target.”


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