Dexus today announced a strong 2017 financial and operational result, achieving distribution per security growth of 4.5%.
Darren Steinberg, Dexus Chief Executive Officer said: “Property is a long dated asset class and successful property companies focus on the long term. Five years ago we updated our strategy, building on our foundational strengths of office ownership and funds management to enhance our position in the Australian property market. In that time we have provided an annualised total security holder return of 17.4% and grown our total funds under management from $12.9 billion to $24.9 billion1, and we are well positioned to continue the momentum we see in our business today.
“In FY17, we delivered on what we set out to achieve operationally, and for the first time the group has achieved gender pay equity for like-for-like roles. We have a positive outlook for FY18 with guidance for distribution per security growth of 4.0-4.5%.”
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