Investor Presentaiton
~465,000sqm industrial completions in past three years
Completions to remain strong over the next few years.
> Completed ~465,000sqm developments for the group in the past three years,
equivalent to 13% of group industrial portfolio
- FY22 alone achieved ~322,100 sqm completions, more than doubling the prior year
run rate
› Leasing momentum remains strong, securing 330,097 sqm across
21 transactions in FY22
Group industrial development completions
(sqm and project costs $m)
sqm
400,000
dexus
› Circa 2.8 million sqm of land holdings as at FY22, to be developed over the
next seven years, supporting strong activities ahead
Expected completions of circa 1.0 million sqm or ~$2.4bn of industrial projects
across the group over the next three years based on existing pipeline
On a look-through basis, DXS retains ~49% of group development pipeline
~1.0 million sqm completions¹
$m
~$2.4bn project costs¹
$1,200m
350,000
$1,000m
300,000
$800m
250,000
200,000
$600m
150,000
$400m
100,000
$200m
50,000
0
$0m
FY20
FY21
FY22
FY23e
FY24e
FY25e
Total costs DXS ($m)
Total costs third party ($m)
Completion (sqm)
1. Estimates only.
24
Dexus 2022 Annual Results Presentation
17 August 2022View entire presentation