Dexus Industria Reit · ASX:DXI
Dexus Industria Reit — 2023 Bell Potter Foundations Conference
12 slides from Dexus Industria Reit's conference presentation, Nov 22, 2023
Slide 1: ASX release: 2023 Bell Potter Foundations Conference
Dexus Industria REIT (ASX:DXI) ASX release 22 November 2023 2023 Bell Potter Foundations Conference Dexus Industria REIT (DXI) releases the attached presentation to be presented at the 2023 Bell Potter Foundations Conference, which is being held virtually today. Authorised by Scott Mahony, Company S
Slide 2: Dexus Industria REIT Bell Potter Foundations Conference
For personal use only Dexus Industria REIT Bell Potter Foundations Conference 22 November 2023 Dexus Asset Management Limited ACN 080 674 479, AFSL 237500 as responsible entity for Industria Trust No. 1, Industria Trust No. 2, Industria Trust No. 3 and Industria Trust No. 4 Industria Company No. 1 L
Slide 3: Acknowledgement of country
Acknowledgement of country For personal use only Dexus Industria REIT acknowledges the Traditional Custodians of the lands on which our business and assets operate, and recognises their ongoing contribution to land, waters and community. We pay our respects to First Nations Elders past and present.
Slide 4: DXI investment proposition
DXI investment proposition Generating superior risk-adjusted returns for investors seeking listed industrial real estate exposure in Australia For personal use only Delivering organic Conservatively managing the Creating value through Aligned manager with deep real income growth balance sheet active
Slide 5: Prudent and active approach to capital management
Prudent and active approach to capital management For personal use only Proactively positioning the balance sheet Look-through debt maturity profile (total facility limit, at 30 June 2023) › $250 million of divestments executed in FY23 to reduce $300m 267 gearing and enhance natural hedging; $45 mil
Slide 6: High-quality portfolio generating income growth
High-quality portfolio generating income growth Growth driven by annual reviews, reversion and development upside For personal use only Property Income resilience Growth 94 $1.6bn 135,700sqm 97.5% 6.3 year 170+ +24% 6% $170m properties portfolio total leasing1 occupancy WALE diversified 2H23 industr
Slide 7: Well-located and national footprint
Well-located and national footprint For personal use only 80% of the population in each capital city accessible within 60 minutes Sub-market overview New South Wales Western Australia › Delivering new developments in core › Perth’s leading master-planned estate industrial markets with sub-1% vacancy
Slide 8: Jandakot precinct
Jandakot precinct For personal use only Key metrics 55 assets $430m external valuation on investment property - $332m stabilised - $99m development $78m general aviation airport & infrastructure operations value1 338,100sqm development pipeline ~$201m development pipeline value ~$145m development sp
Slide 9: Well placed to deliver long-term value
Well placed to deliver long-term value For personal use only Embedded property income growth driven by development completions, double-digit re-leasing spreads achieved in FY23 and 50% of the portfolio linked to CPI rental escalations Balance sheet de-levered to capitalise on opportunities with gear
Slide 10: Questions
For personal use only Questions Strategy and highlights
Slide 11: Important information
Important information For personal use only This presentation (“Material”) has been prepared by Dexus Asset Management Limited (ACN 080 674 479, AFSL No. 237500) ("DXAM") as the responsible entity of Industria Trust No. 1 (ARSN 125 862 875), Industria Trust No. 2 (ARSN 125 862 491), Industria Trust
Slide 12: For personal use only
For personal use only
Dexus Industria REIT — 2023 Bell Potter Foundations Conference on 6ix