EQS-Adhoc: Dexus Finance Pty Limited: Appendix 3Z - Final Director's Interest Notice for Darren Steinberg and Penny Bingham-Hall finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
After many false starts, the once-venerable property group’s latest chief faces an uphill task convincing investors he can turn around the troubled business.
CEO Darren Steinberg said he believed the office sector was nearing the bottom, which should in turn help unfreeze a market that has seen very few sales as buyers wait to see how far prices will fall.
Australian real estate firm Dexus
reported its second steepest half-yearly loss since
2008 on Wednesday as higher rates slashed roughly A$600 million
off its large portfolio of office towers. ...
The property giant recorded a net loss of $597.2 million, but also managed to secure $9 million in trading profits after tax for the six months to 31 December 2023.
By David Winning SYDNEY--Many drivers of a downturn in U.S. commercial property aren't shared by Australia, which so far hasn't experienced a shock like the...
By David Winning SYDNEY--Dexus reported a net loss on the back of negative revaluations of its property portfolio, as Australian office markets broadly...