Portfolio valuation and buy-back update

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Stock Dexus Convenience Retail REIT (DXC.ASX)
Release Time 19 Jun 2026, 8:45 a.m.
Price Sensitive Yes
 DXC Portfolio Valuation and Buy-back Update
Key Points
  • 33 of 91 assets externally valued, $8.1M valuation uplift
  • Weighted average capitalisation rate remains at 6.18%
  • Buy-back target increased to 5.0% of securities on issue
Full Summary

Dexus Convenience Retail REIT (DXC) has announced that 33 of its 91 assets have been externally valued for the six months to 30 June 2026, with an estimated net valuation uplift of approximately $8.1 million, representing a 1.1% increase on book values. The weighted average capitalisation rate across the portfolio remained flat at 6.18% over the same period. DXC has also increased its on-market securities buy-back target to 5.0% of securities on issue, reflecting progress against the initial 2.5% target and an opportunity to capitalize on current market conditions.

Guidance

Estimated net valuation uplift of $8.1M for six months to 30 June 2026

Outlook

DXC aims to continue capitalizing on current market conditions and enhance value for security holders.