DXS 2.58% $6.75 dexus

Ann: HY21 Results presentation, page-8

  1. 10 Posts.
    ”Dexus announces that on 23 December 2019 the second tranche rights were exercised for GIC to acquire an additional 24% interest in the Dexus Australian Logistics Trust (“DALT”) core portfolio1, increasing GIC’s total investment in DALT to 49%.”
    I think settlement of 2nd tranche was around Late FY 2020,So industrial FFO for DXS was reduced this half year due to the above.
    Bought A small amount today, bit of a gamble in the short term , but positioned for long term accumulation.
 
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