ASX Announcements
Notification of cessation of securities - DXS
Appendix 3H (Notification of cessation of securities)
- Oct 15, 2024
- 4 pages
Notification regarding unquoted securities - DXS
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Oct 15, 2024
- 5 pages
2024 Notice of Annual General Meeting
Notice of Annual General Meeting, Proxy Form
- Sep 27, 2024
- 23 pages
This Month
Alibaba’s Australian office changes hands for $30m
In the Melbourne CBD market hit hard by the pandemic, some office vendors hope high replacement costs make their existing buildings more attractive.
- Michael Bleby
September
Three-horse race at Queensland Airports; Dexus snags a wingman
Dexus has survived the loss of a bid partner while KKR’s dealmakers seem to have overcome last-minute doubts about lobbing a binding bid.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chris Lucas’ 24/7 recipe for success
Renowned restaurateur has been working with developers to transform the ground level of major new projects with upmarket restaurants.
- Nick Lenaghan
- Opinion
- Chanticleer
‘End of WFH nonsense’ not the only factor in office property fightback
The office property market is deeply divided between the assets no one wants and the jewels that are in short supply.
- James Thomson
Grounded: KKR, Skip mull throwing in towel at Qld Airports auction
Street Talk understands private equity suitor KKR and its consortium partner Skip Capital’s commitment to the QAL auction is waning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Office values drop 22pc in two years. When will they bottom?
That is a big fall in defensive, long-life assets. It’s part working from home, part interest rates. It can’t continue forever, but it hasn’t slowed yet.
- Anthony Macdonald
ART buys Queensland’s 33pc of NZ poles-and-wires biz Powerco
The deal takes ART to 58 per cent ownership of Powerco, up from 25 per cent.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Time to buy into REITs: Barrenjoey
Property stocks have weathered the interest rate storm, according to Barrenjoey, who say investors could be “well served” to increase their exposure.
- Nick Lenaghan
Investors have moved away on private hospitals, industry warns
Investors in private hospital developments have shifted away from the sector, further heaping pressure on the healthcare system.
- James Hall and Michael Smith
August
- Exclusive
- Retail property
Dexus to offload Townsville mall for more than $200m
The looming sale of the Willows Shopping Centre comes amid a noticeable pick-up in deal activity, including from ASX-listed Scentre and Vicinity.
- Larry Schlesinger
- Opinion
- Chanticleer
The office property saga isn’t over. Here are the next five twists
Dexus chief executive Ross Du Vernet sees signs of a bottom forming in the workspace market. But there’s a hell of a lot still to play out.
- Updated
- James Thomson
- Results Wrap
- Chanticleer
Dexus’ big move and the other result that caught our eye
Dexus gives itself more wriggle room, Reliance Worldwide gets investor hearts racing, and Vicinity Centres goes further upmarket.
- James Thomson and Anthony Macdonald
ASX retakes 8000; Dexus posts $1.5b loss; Superyacht tragedy
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
‘People need a rate cut’: Here’s the big story of profit season
The pressure of higher-for-longer rates is the thread running through profit season. But the pain is far from over, even if the ASX 200 doesn’t believe it.
- James Thomson
Dexus posts $1.5b loss as office values tumble
The fund manager and investor expects a drop in earnings in the 2025 financial year amid a challenging commercial property sector.
- Nick Lenaghan
GPT flags bigger push into funds management
GPT has been an early adopter of the funds’ management model, running large, well-established unlisted office and malls funds.
- Nick Lenaghan
Dexus, CPPIB in advanced talks to sell Sydney’s $550m Tiffany building
The tower’s book value was about $622 million as of December 31, but this was slashed to about $550 million during Dexus’ revaluation of its portfolio in June.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex-RBC banker launches real estate IM with Iris Energy deskmate
Street Talk understands co-founders Bom Shin and Kevin Ghazi have just come off an Asia roadshow and are actively looking at deals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July
Scentre, Barrenjoey pin down another Adelaide shopping mall bargain
A month after they struck a deal at Tea Tree Plaza, Scentre Group and Barrenjoey Private Capital Management are back, buying a 50 per cent stake in an Adelaide mall.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Dexus poaches AustralianSuper’s infrastructure tsar Nik Kemp
It is the biggest hire so far by the company’s new chief executive, Ross Du Vernet, who took over the top post from long-serving Darren Steinberg this year.
- Nick Lenaghan
