Dexus (DXS) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the DEXIS FY26 results briefing. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number 1 on your telephone keypad. I would now like to hand the conference over to Ross DuVernay, Group CEO and Managing Director. Please go ahead. Well, good morning everyone. We really appreciate you taking the time to join us this morning. I know it's a really busy day with other companies reporting and there's probably a few tired analysts given it's been a busy reporting week. Let's begin today by acknowledging the traditional custodians of the lands and waterways on which we operate and pay our respects to elders past and present. Today you hear from some of the management team who provide you with a full picture of the business and the operating environment. You hear from Keir, our CFO on the financials, Andy on office, Chris on industrial and Michael on funds management. At the conclusion I'll provide a summary and outlook and then we'll open up for some questions. We know DEXIS today, it's a good business. Now you may see DEXIS as an opportunity to buy high quality assets cheaply and in the short term we're looking to capitalise on that ourselves. But DEXIS has all the ingredients to be so much more than that, and unlocking that potential is what we're all about. We have a diverse platform with deep-sec expertise and the ability to create assets. We have long-term and deep relationships with private capital, and we have a balance sheet of serious scale with high-quality assets. Over the past few years, DEXIS has been making a deliberate transition. We've been reshaping our portfolio, improving its quality, becoming more capital effic...