FY26 Results presentation

• DXC.ASX FY26 FFO and distributions of 20.9 cps delivered in line with guidance
• Strong capital position with gearing at 30.6%, towards the lower end of target range
• Portfolio valuation increased by $27.4m, driven by contracted rental growth and market transactions
• Active buy-back program completed 60% of the initial 2.5% target
• Sustainability initiatives include EV charging bays, renewable energy, and climate resilience measures

Dexus Convenience Retail REIT (DXC) has released its FY26 Annual results presentation. The fund reported FFO and distributions of 20.9 cents per security, in line with guidance. The portfolio valuation increased by $27.4 million, driven by contracted rental growth and market transactions. The fund maintained a strong capital position with gearing at 30.6%, towards the lower end of the target range. The active buy-back program completed 60% of the initial 2.5% target. Sustainability initiatives include the incorporation of six operational EV charging bays, renewable energy, and climate resilience measures. The property portfolio remains high quality, with 99.2% occupancy and a weighted average lease expiry of 7.6 years.

FY26 FFO and distributions of 20.9 cps delivered in line with guidance

DXC.ASX anticipates continued resilient income growth and enhanced portfolio quality, underpinned by strategic asset recycling and a disciplined capital allocation.