Dexus Convenience Retail REIT

ASX (AUD): Dexus Convenience Retail REIT (DXC)

Last Price

2.94

Today's Change

-0.03 (1.01%)

Day's Change

2.92 - 2.96

Trading Volume

274,875

Profile
DXC

Exchange:  Australian Securities Exchange Australian Securities Exchange

Currency:  AUD AUD

Sector:  Real Estate - Real Estate Real Estate - Real Estate

Industry: 

CEO:  Joseph Tindaro De Rango Joseph Tindaro De Rango

Full Time Employees:  0 0

IPO Date:  2017-07-27 2017-07-27

CIK: 

ISIN:  AU0000179061 AU0000179061

CUSIP: 

Beta:  0.48 0.48

Last Dividend:  0.21 0.21

Dcf Diff:  -5.40 -5.40

Dcf:  8.34 8.34

Description

APN Convenience Retail REIT (ASX code: AQR) is a listed Australian real estate investment trust which owns high quality Australian service stations and convenience retail assets. The Fund's portfolio of 79 properties valued at approximately $445 million, is predominantly located on Australia's eastern seaboard and is leased to leading Australian and international convenience retail tenants. The portfolio provides a long lease expiry profile and contracted annual rent increases delivering the Fund a sustainable and strong level of income security. Convenience Retail has a target gearing range of 25 – 40% as part of its conservative approach to capital management. APN Convenience Retail REIT is governed by an Independent Board of Directors and is managed by APN Property Group, a specialist real estate investment manager established in 1996.

Address

101 Collins Street,
Sydney, VIC 3000, AU

61 3 8656 1000

http://www.crreit.com.au

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