Dexus today announced that it had achieved 5.5% Adjusted Funds From Operations (AFFO) per security growth and 5.0% distribution per security growth for FY19, and confirmed its guidance of circa 5% distribution per security growth for FY20.
Dexus Chief Executive Officer, Darren Steinberg said: “We entered the year with a clear strategy and readiness to respond to both market opportunities and challenges. Our focus on maintaining a leading position in the Australian property market has been achieved through the performance of our property portfolio, selective acquisitions with future value-add, growth in our funds management business and the delivery of trading profits, all contributing to our strong financial result.
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