BUZZ-Australia's Dexus Industria REIT jumps on upbeat portfolio valuation

Reuters
17 Dec 2024
BUZZ-Australia's <a href="https://laohu8.com/S/DXI.AU">Dexus Industria REIT</a> jumps on upbeat portfolio valuation

** Shares of Dexus Industria REIT DXI.AX climb as much as 4.3%, marking its biggest one-day pct gain since early July

** Co reports net valuation of A$33.3 mln ($21.19 mln) for six months ended Dec. 31, a 2.4% increase on book values

** Says capitalization rate growth slows, yet strong leasing and solid rental increase continue to support valuation

** Including session's jump, stock trims YTD loss to around 6%

($1 = 1.5718 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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