DEXUS DEXUS Property Group (ASX: DXS)
ASX release
31 August 2016
DEXUS Property Group (DEXUS) today released its 2016 Annual Report, which is attached, as part of its 2016 Annual Reporting suite.
The 2016 Annual Reporting suite which includes the 2016 Performance Pack is available online at www.dexus.com.
Printed copies of the 2016 Annual Report will be mailed to Security holders who have elected to receive them today.
For further information please contact: | |||
Investor relations | Media relations | ||
Rowena Causley | T: +61 2 9017 1390 M: +61 416 122 383 E: rowena.causley@dexus.com | Louise Murray | T: +61 2 9017 1446 M:+61 403 260 754 E: louise.murray@dexus.com |
About DEXUS
DEXUS Property Group is one of Australia's leading real estate groups, investing directly in high quality Australian office and industrial properties. With $22.2 billion of assets under management, the Group also actively manages office, industrial and retail properties located in key Australian markets on behalf of third party capital partners. The Group manages an office portfolio of 1.8 million square metres located predominantly across Sydney, Melbourne, Brisbane and Perth and is the largest owner of office buildings in the Sydney CBD, Australia's largest office market. DEXUS is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange under the stock market trading code 'DXS' and is supported by more than 31,000 investors from 20 countries. With more than 30 years of
expertise in property investment, development and asset management, the Group has a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for its investors. www.dexus.com
Download the DEXUS IR app to your preferred mobile device to gain instant access to the latest stock price, ASX Announcements, presentations, reports, webcasts and more.
DEXUS Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for DEXUS Property Group (ASX: DXS)
DEXUSANNUAL REPORT
2016 DELIVERINGDEXUS's strong financial results were reflected through 6.0% growth in FFO and distribution per security PAGE 4
PERFORMINGDEXUS achieved outperformance across all third party
funds, driven by valuation increases, development completions and solid leasing outcomes PAGE 10
POSITIONINGDEXUS increased its pipeline of value-enhancing opportunities across multiple sectors PAGE 9-11
2016 DEXUS ANNUAL REPORT
DELIVERING
WWW. DEXUS2016. REPORTONLINE. COM.AU
2016 ANNUAL REPORTING SUITE
DEXUS Property Group presents its 2016 Annual Reporting Suite for the year ended 30 June 2016, demonstrating how it manages its financial and non-financial performance in line with its strategy.
2016 DEXUS Annual Report
An integrated report providing DEXUS's Consolidated Financial Report, Operating and Financial Review and information on its operational and Corporate Responsibility and Sustainability performance.
2016 DEXUS Combined Financial Statements Comprises the Financial Statements of DEXUS Industrial Trust, DEXUS Office Trust and DEXUS Operations Trust. This report should be read in conjunction with the 2016 DEXUS Annual Report.
2016 DEXUS Performance Pack
Provides data and detailed information supporting the results outlined in the 2016 DEXUS Annual Report available in the online 2016 Annual Reporting Suite at www.dexus.com.
2016 DEXUS Annual Results Presentation
Provides an overview of DEXUS's operational, financial and CR&S performance available in the online 2016 Annual Reporting Suite at www.dexus.com.
The 2016 Annual Reporting Suite is available in hard copy by email request to ir@dexus.com or by calling +61 1800 819 675.
2016 DEXUS ANNUAL REPORT 1
Delivered 6.0% growth in FFO and Distribution
per security
6.0%Achieved 84% employee engagement score
84%Achieved a Return on Equity of 19.3%, above the 9-10% target through the cycle
19.3%DEXUS Office Partnership delivered a 17.7% one-year total return
17.7%Increased DEXUS's office portfolio occupancy to 96.3% (FY15: 95.3%)
96.3%Registered 3 projects for
WELL certification
WELLABOUT DEXUS
Statutory net profit
$1,259.8m (FY15: $618.7m)
$1,259.8mRealised trading profits of
$63.3m post-tax and positioned priority projects in pipeline
PERFORMANCE
$63.3mDIRECTORS' REPORT
IN THIS REPORT
ABOUT DEXUS
2016 Highlights 1
About DEXUS Property Group 2
Our Strategy 3
Chair & CEO Review 4
FINANCIAL REPORT
PERFORMANCE
Property portfolio
Office 6
Industrial 8
Developments 9
Funds Management 10
Trading 11
People and Culture 12
DIRECTORS' REPORT
Board of Directors 14
Operating & Financial Review 17
INVESTOR INFORMATION
Directors' Report 29
FINANCIAL REPORT
Financial Report 51
INVESTOR
INFORMATION
Additional Information 100
Investor Information 102
Key ASX Announcements 104
About This Report 105
Directory 105
DEXUS Property Group published this content on 31 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2016 04:43:00 UTC.
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