DXS 1.69% $6.96 dexus

News: DXS Australia's Dexus flags 9% decrease in portfolio valuation

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    June 20 (Reuters) - Australian real estate firm Dexus (DXS) said on Thursday the book value of its portfolio declined by 9.0% for the six months to June according to a draft external independent valuation.

    The company said valuations of 170 of its 176 assets resulted in a total estimated decrease of A$1.3 billion ($867.36 million) for the six months to June 30.

    ($1 = 1.4988 Australian dollars)

 
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