Yes i am a bit surprised that Atlassian Central is still going ahead. I would love to know a bit more about it. Does Dexus still own 65% of the project or did it sell off some. What protection is there from rising construction cost ? What happens if Atlassian runs into some trouble and can't pay for their third. I notice its 100% preleased. So Atlassian is the anchor tenant but who are the other tenants. It is a very interesting development having a premium building right at central station. The state government also involved in creating the "Tech Central" precinct. Has the change of government affected that involvement at all ? And how is the 4-5% cap rate justified given the risks. Its an interesting project but i would like to know more.
Having said that i bought some Dexus at $6.70 and will buy some more at $6 if it gets down there. I think there will continue to be demand for well located Premium and A grade office and i am happy to own a little bit long term at 7 or 8% return. I think lower quality office which Dexus does not own is probably in some trouble. Dexus also has some industrial which is a sector that has been in high demand last few years. It also has a growing funds management business.
- Forums
- ASX - By Stock
- Ann: 2023 Annual Results Presentation
Yes i am a bit surprised that Atlassian Central is still going...
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.26 |
Change
0.230(3.27%) |
Mkt cap ! $7.808B |
Open | High | Low | Value | Volume |
$7.12 | $7.31 | $7.12 | $33.23M | 4.581M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 26572 | $7.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.26 | 17542 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4788 | 7.250 |
1 | 6931 | 7.240 |
2 | 24209 | 7.230 |
3 | 13740 | 7.220 |
7 | 193483 | 7.210 |
Price($) | Vol. | No. |
---|---|---|
7.270 | 7955 | 2 |
7.290 | 192 | 1 |
7.300 | 6098 | 4 |
7.310 | 6931 | 1 |
7.320 | 6931 | 1 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
Last
$7.26 |
  |
Change
0.230 ( 3.11 %) |
|||
Open | High | Low | Volume | ||
$7.14 | $7.31 | $7.13 | 1248344 | ||
Last updated 15.59pm 16/05/2024 ? |
Featured News
DXS (ASX) Chart |