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Dexus announce $250 million valuation uplift achieved across portfolio

Dexus today announced that 109 of its 114 assets, comprising 45 office properties and 64 industrial properties have been externally valued as at 30 June 2019.

The external independent valuations have resulted in a total estimated $250 million or circa 1.6% increase on prior book values for the six months to 30 June 2019. As a result of these valuations Dexus’s net tangible asset backing (NTA) per security is expected to increase 23 cents.

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