Industry Revenues:

1. Commercial properties: approx. 60%
2. Office properties: approx. 30%
3. Industrial and logistics properties: approx. 10%

TOP 3 Markets:

1. Sydney: approx. 45%
2. Melbourne: approx. 30%
3. Brisbane: approx. 15%

DEXUS is a leading real estate company in Australia, focusing mainly on commercial and office properties. The majority of revenues come from leasing and managing commercial properties, followed by office properties. Industrial and logistics properties also contribute a smaller but growing share.

The key markets for DEXUS are the major Australian cities, with Sydney accounting for the largest share of revenue, followed by Melbourne and Brisbane. These cities are economic centers with high demand for commercial and office spaces, which benefits DEXUS.

Headquarters: Sydney, Australia

DEXUS is an Australian real estate company and not a manufacturing company. It specializes in owning, managing, and developing commercial properties, especially office and industrial spaces. Therefore, DEXUS does not produce physical products but offers services in real estate management and development.

The company focuses on the Australian market and owns properties in various cities, including Sydney, Melbourne, Brisbane, and Perth.

Strategic Focus:

1. Portfolio Diversification: DEXUS is increasingly focusing on diversifying its real estate portfolio to minimize risks and capitalize on opportunities in various market segments. This includes both office and industrial properties.

2. Sustainability and ESG Initiatives: The company is investing in sustainable construction projects and improving the energy efficiency of its existing properties. This aligns with the growing demand for environmentally friendly real estate solutions.

3. Technological Innovation: DEXUS is integrating advanced technologies into its properties to enhance value for tenants and reduce operating costs. This includes smart building technologies and digital platforms for tenant interaction.

4. Capital Recycling: By selling non-strategic assets and reinvesting the proceeds in higher-growth projects, DEXUS optimizes its capital allocation.

These strategies aim to strengthen DEXUS's market position and secure long-term growth by responding to current market trends and future requirements.

Commodities/Materials: Real estate-related materials (e.g. building materials, steel, glass)

Main importing countries: China, USA, Germany

DEXUS is a leading real estate company in Australia specializing in the ownership, management, and development of office buildings and industrial properties. For construction and development projects, DEXUS typically imports a variety of building materials. These include steel, glass, and other construction materials needed for the construction and renovation of properties.

China is a significant supplier of steel and other cost-effective building materials. The USA and Germany are also important partners, especially for specialized materials and technologies in construction. These countries offer high-quality products and innovative solutions that are used in DEXUS's real estate development.

Market Capitalization: 11.5 billion AUD (estimated 2025)
Real Estate Portfolio Value: 32 billion AUD (estimated 2025)
Average Rental Occupancy: 95% (estimated 2025)

DEXUS is one of the leading real estate investors and managers in Australia, specializing in office and industrial properties. The company's competitive advantage lies in its extensive experience and diversified real estate portfolio, enabling it to generate stable income and minimize risks.

Another advantage is its strong market position in key Australian cities, providing DEXUS with access to high-quality tenants and long-term lease agreements. The average rental occupancy of 95% demonstrates the company's ability to effectively market and manage its properties.

DEXUS continuously invests in sustainable practices and innovative technologies to increase efficiency and enhance the value of its portfolio. These strategic measures help solidify the competitive advantage and position the company for future growth.

Institutional Investor Share: approximately 60% (estimated 2025)

Insider Buys/Sells: No significant transactions in the last year (estimated 2025)

The institutional investor share at DEXUS typically stands at around 60%, which is common for a company of this size and industry. These investors appreciate the stability and growth potential of the company.

In 2025, there were no significant insider buys or sells, indicating that the management has confidence in the current corporate strategy and does not expect any major changes in ownership structure.

Market share of DEXUS: 7.8% (2025, estimated)

Main competitors and their market shares:

1. Goodman Group (ASX:GMG) - 12.5%
2. Stockland (ASX:SGP) - 9.2%
3. Mirvac Group (ASX:MGR) - 8.7%
4. DEXUS (ASX:DXS) - 7.8%
5. GPT Group (ASX:GPT) - 7.4%
6. Charter Hall Group (ASX:CHC) - 6.9%
7. Scentre Group (ASX:SCG) - 6.3%
8. Vicinity Centres (ASX:VCX) - 5.8%
9. Lendlease Group (ASX:LLC) - 5.2%
10. Cromwell Property Group (ASX:CMW) - 4.7%

Moat of DEXUS:

DEXUS has a moderate moat, mainly based on its strong presence in the Australian commercial real estate market. The company has gained an advantage through strategic acquisitions and a diversified portfolio. Additionally, DEXUS benefits from long-term leases with stable cash flows.

Compared to its competitors, especially Goodman Group, which has a larger international footprint and stronger diversification, DEXUS's moat is less pronounced. Goodman, with its global reach and specialization in logistics properties, has a significant advantage.

Other competitors like Stockland and Mirvac also offer strong diversification strategies and have invested in sustainable and innovative construction projects in recent years, giving them additional competitive advantages.

Overall, DEXUS has a solid, but not outstanding, moat compared to its largest competitors.

Revenue Growth: 3.5% (2024) Profit Growth: 2.8% (2024) Real Estate Portfolio Appreciation: 4.1% (2024)

In 2024, DEXUS recorded a moderate revenue growth of 3.5%, indicating stable demand in the real estate sector. The company was able to increase its profit by 2.8%, attributed to efficient cost controls and optimized portfolio management.

The appreciation of the real estate portfolio by 4.1% demonstrates DEXUS's ability to benefit from the overall market development in the real estate sector. This suggests that the company is well positioned to capitalize on future market opportunities.

Additionally, DEXUS has invested in sustainable and innovative real estate projects in recent years, which could lead to a stronger market position in the long term. These strategic investments could further enhance the company's growth potential.

Overall, DEXUS appears to be a solid investment opportunity, especially for investors interested in stable returns and a diversified real estate portfolio.

Dividend Yield: 5.1% (2024)

Dividend History: Continuous payout for over 10 years

DEXUS is known for its reliable dividend payments. In 2024, the dividend yield was 5.1%, indicating a stable payout policy. The company has been consistently paying dividends for the past ten years, reflecting a solid financial foundation and a sustainable business model.

DEXUS heavily invests in real estate, leading to stable income and supporting the ability to pay dividends. The reliability of the payout is also attributed to the diversified real estate portfolio and effective management. Analysts view DEXUS's dividend policy as stable, provided that market conditions remain favorable.