Dexus Convenience Retail REIT ( (AU:DXC) ) just unveiled an update.
Dexus Convenience Retail REIT announced the relocation of its security registry office in Sydney, effective April 14, 2025. The move to Liberty Place, Level 41, 161 Castlereagh Street, Sydney, does not affect MUFG Corporate Markets’ postal address or contact details. This change is part of the company’s ongoing operational adjustments, potentially impacting its administrative functions and stakeholder communications.
More about Dexus Convenience Retail REIT
Dexus Convenience Retail REIT (ASX: DXC) is an Australian real estate investment trust that specializes in owning high-quality service stations and convenience retail assets. As of December 31, 2024, the fund’s portfolio, valued at approximately $709 million, is primarily located on Australia’s eastern seaboard and leased to prominent Australian and international convenience retail tenants. The fund is characterized by a long lease expiry profile and annual rent increases, ensuring a robust income security. Managed by Dexus, a leading Australasian real asset group, the fund maintains a conservative capital management approach with a target gearing range of 25-40%.
YTD Price Performance: -3.11%
Average Trading Volume: 128,456
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$385.7M
See more insights into DXC stock on TipRanks’ Stock Analysis page.