Investor Presentaiton
Development
Dexus uncommitted developments
dexus
Pipeline5
Building
area 1,5
sqm
Project cost
Est. yield on est.
est.²,
$m
project cost³
%
Third party
partner interest %
Office
Waterfront Brisbane QLD
134,600
C. 1,250
5-6%
50%
60 Collins Street, Melbourne VIC
43,100
c. 1,000
C. 5%
Central Place Sydney NSW4
138,700
C. 750
5-6%
25%
Pitt and Bridge Precinct, Sydney NSW
80,000
c. 1,550
c. 5%
50%
Total office
Industrial
396,400
c.4,550
Jandakot Airport, Perth WA
299,000
C. 200
5-6%
67%
Palm Springs Road, Ravenhall VIC
138,800
c. 50
5-6%
75%
113-153 Aldington Road, Kemps Creek NSW
156,000
c. 200
4-5%
50%
311 South Street, Marsden Park NSW
41,800
c. 100
4-5%
49%
12 Church Road, Moorebank NSW
34,000
c. 50
4-5%
50%
Total industrial
149 Orchard Road, Chester Hill NSW
Riding Boundary Road, Ravenhall VIC
Axxess Corporate Park, Mount Waverley VIC
Total uncommitted developments
23,200
C. 50
4-5%
50%
234,400
c. 300
4-5%
50%
79,500
c. 300
4-5%
1,006,700
c.1,250
1,403,100
c.5,800
1.
At 100% ownership.
2.
Dexus share in development cost (including land, funding cost and excludes downtime and income earned through development).
3.
Target yield on cost calculation includes cost of land, funding cost, downtime and income earned through development in the denominator.
4. Excluding external party share of project. External JV partner owns 50% of this project.
Figures are indicative and subject to relevant planning approvals and leasing commitment outcomes. Building area and project costs are presented on a rounded basis.
5.
59
Dexus 2022 Annual Results Presentation
17 August 2022View entire presentation