Investor Presentaiton
dexus
Demonstrated ability to generate growth via matching
capital sources to an expanding opportunity set
$44bn
1
dexus
Continued platform evolution
Launched second fund in opportunity
series in October 2023
Key milestones
32
Total third-party FUM
$26bn
$22bn
$16bn
$16bn
$14bn
$9bn
FY14
FY18
FY19
FY20
FY21
FY22
FY23
DOTA dexus
+$1.9 billion
Acquired and
de-listed CPA
portfolio
Established
first
healthcare
Fund
DHPF dexus
DALT dexus
+$2 billion
Logistics joint
venture
with GIC
DACT dexus
+$0.6 billion
Established joint
venture
with GIC
MDAP dexus
+$0.3 billion
Joint venture
with Mercatus
APN Property Group
+$2.9 billion
Acquisition
+ Retail distribution
+ Listed REITS
AMP
+$18.2 billion
Acquisition
+ Infrastructure
+ Distribution
2
3
DREP2
dexus
$3.0bn funds platform committed
development pipeline underway
Investment portfolio pipeline enhances
future fund product opportunities
Potential examples:
DITA
dexus
Legend
DREP1
dexus
AMP
DJAF
dexus
WAF
dexus
Industrial
partnership
seeded by
Dexus
New product development
M&A transaction
First raising in
opportunity
fund
series
+$5.6 billion
Merger
between ADPF
and DWPF
+$1.3 billion
Joint venture
across DXS, DXI
and Cbus
Established
Wholesale
Airport
Fund
Atlassian Central, Sydney! 60 Collins, Melbourne
Note: Figures as at 30 June for each period.
dexus
Broad access to capital and diverse product offering underpins
organic growth potential
Capital partner
Diversified
Office
Retail
Industrial
$14.3bn
$3.2bn
Institutional
pooled
1 fund
($22.9bn)
JV and
mandates
($15.0bn)
Retail
and HNW
($3.7bn)
Listed
($2.0bn)
Investment portfolio
$1.6bn
$3.5bn
3 funds
4 funds
1 fund
$0.1bn
1 fund
$3.Obn
10 funds
$3.4bn
4 funds
$0.7bn
$1.3bn
1 listed fund
1 listed fund
Healthcare and
opportunistic
$1.7bn
Infrastructure
Total
$3.7bn
2 funds
3 funds
$17.4bn
across office, retail, industrial, healthcare and infrastructure
99% of Dexus pooled FUM is invested in open-ended vehicles
33
Note: Figures as at 30 June 2023 and represents third-party funds under management.
$6.4bn
8 funds
$43.6bn
$0.7bn
1 fund
2023 Dexus Investor Day
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