Investor Presentaiton
Dexus Real Estate Partnership 1 (DREP)
Enhanced returns through target exposure to investment in
repositioning, development, special situations and alternative credit
$475m¹
Equity
commitments
8 assets
High-quality
diversified
dexus
> Targeting unlisted
Australian real estate
opportunities, leveraging
the strength of Dexus's real
estate platform
> Identify and manage
throughout the capital
structure ranging from
distress to growth
opportunities
> Strong pipeline supported
by extensive access to
information, acquisition
and leasing deal flow to
identity investments
> Exposure to investments and
opportunities in
alternative credit
> High interest rates and
capital scarcity creating
attractive equity and
credit opportunities
Portfolio snapshot
By location
Fund investment
By investment strategy
Office credit
26%
Dexus
21%
High net
worth & private
capital
34%
33%
Industrial
17%
7%
Residential
46%
Healthcare
16%
Office equity
Insitutional
capital
65
Note: All figures as at 30 June 2023 unless otherwise stated.
1. Includes c.$101m co-investment from Dexus.
Dexus Diversified Infrastructure Trust (DDIT)
Diversified portfolio of infrastructure assets generating long-term
stable returns through a combination of both capital growth and yield
$2.0bn
Third-party
funds under
management
7 assets
Marquee
assets
> Core / Core+ targeting
high-quality assets with
high barriers to entry, long
operating track records and
stable inflation-linked cash
flows
> Access to attractive deal
pipeline focused on
energy, utilities, transport
and social infrastructure
› Experienced and stable
team of investment
professionals with a focus
on operational cash flow
generating assets
> Backed by over 60 domestic
and institutional
investors
Portfolio overview
As at 30 June 2023
Reliance Rail
15%
PowerCo
13% NZ
46%
$1.9bn
11%
ANU Student
> 25 years+ strong track
APAC
unit trust, targeting 3-5%
yield per annum
record across Australia and
New Zealand
3%
9%
3%
Accom
PHIA²
UoM Student
Sydney University Accom
Village
› Open-ended wholesale
66|
Note: All figures as at 30 June 2023 unless otherwise stated.
1. Rating and award received by AMP Capital.
2. Port Hedland International Airport (PHIA).
40
40
2023 Dexus Investor Day
dexus
5-star GRESB
'Infrastructure sector leader' in
Oceania for 2022¹
10-year fund performance (gross)
To 30 June 2023
12%
Gross returnView entire presentation