Dexus (ASX:DXS) said draft external independent valuations resulted in a total estimated increase of around AU$55 million or 0.4% on book values across the stabilized portfolio and development assets for the six months to June 30, according to a Tuesday Australian bourse filing.

The firm said that all of its 177 assets, including 29 office properties and 148 industrial properties, were externally valued as of June 30.

The value of the office portfolio rose around 0.3%, driven by market rental growth, slightly offset by marginally higher capitalization rates and discount rates. The industrial portfolio rose by around 0.9%, with rental growth and slightly lower discount rates offsetting the impact of higher capitalization rates.

The weighted average capitalization rate across the total stabilized portfolio expanded by around 1 basis point to a little over 6%.

The company announced an estimated distribution of AU$0.18 per security for the six months to June 30, to be paid by Dexus Property Trust on Aug. 29 to unit holders on record as of June 30.

In the same filing, the company said the New South Wales Supreme Court rescheduled a hearing to between Nov. 10 and 21 from the earlier date of between Aug. 11 and 14 regarding a notice from the board of Australia Pacific Airports. The court made orders for the discovery of documents, serving evidence, and holding mediation by Nov. 3.

Australia Pacific Airports issued a notice that alleged that Dexus breached confidentiality obligations during a sale process involving stakes in Melbourne and Launceston Airports.