Should I buy Dexus stock in 2025?

P. Laurore
P. Laurore Last updated: 3 May 2025

Verified Information

Dexus
4.3
hellosafe-logoScore

Is Dexus stock a buy right now?

Dexus (ASX: DXS) is a cornerstone of Australia’s real asset sector, offering investors an opportunity to participate in a $53.4 billion platform that spans premium office, industrial, retail, and infrastructure holdings. As of May 2025, Dexus shares are trading around $7.51, with recent daily trading volumes averaging near 3.2 million shares, reflecting healthy liquidity. The company has recently accelerated its portfolio transformation, successfully divesting over $665 million in assets since mid-2024 while strategically realigning towards higher-quality core assets and growing its funds management platform. Technical indicators, including a Relative Strength Index of 56.7 and both 50- and 200-day moving averages currently below the share price, underline a constructive market tone and emerging upward momentum. Sector-wise, resilient demand in Australia’s prime office and industrial real estate is underscored by high occupancy (office 93.5%, industrial 95.7%), outpacing broader market averages. Adding to the appeal, Dexus offers a robust 6.38% dividend yield—a compelling prospect in the current rate environment. According to the consensus from more than 29 national and global banks, a target price of $9.76 is seen as an achievable milestone. For investors seeking exposure to quality Australian real assets with both income and growth potential, Dexus warrants careful attention at present levels.

  • Exceptional occupancy rates: Office 93.5%, Industrial 95.7%, well above sector averages.
  • Attractive 6.38% dividend yield offers steady income stream for investors.
  • Leading ESG credentials: Ranked top 5% globally on S&P Global ESG Index.
  • Robust funds management business with $38.9 billion under management and global investor reach.
  • Clear strategic focus on asset recycling, capital efficiency, and quality portfolio repositioning.
  • Ongoing divestment program may create near-term earnings volatility as portfolio realigns.
  • Exposure to interest rate fluctuations, though hedging mitigates much of the immediate impact.
Table of Contents
  • What is Dexus?
  • How much is Dexus stock?
  • Our full analysis on Dexus </b>stock
  • How to buy Dexus stock in Australia?
  • Our 7 tips for buying Dexus stock
  • The latest news about Dexus
  • FAQ
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Why trust HelloSafe?

At HelloSafe, our specialist has been monitoring Dexus's performance for more than three years. Every month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Dexus.

What is Dexus?

IndicatorValueAnalysis
🏳️ NationalityAustralianDexus is based in Australia and listed on the ASX, targeting Australasian real assets.
💼 MarketASX (Australian Securities Exchange)DXS trades on ASX, providing investors access to Australia's real estate sector.
🏛️ ISIN codeAU000000DXS1The ISIN uniquely identifies Dexus on international financial markets.
👤 CEORoss Du VernetAppointed in 2023, Ross is steering Dexus through asset transition and growth.
🏢 Market capAUD 8.08 billionReflects a substantial size but currently trades below book value, suggesting value.
📈 RevenueAUD 661 million (TTM)Revenues are stable, but growth is moderate given current market cycles.
💹 EBITDANot publicly disclosedNo direct EBITDA figure, but FFO and AFFO remain primary performance metrics for REITs.
📊 P/E Ratio (Price/Earnings)12.16 (forward)A reasonable P/E, but recent net loss indicates need to focus on FFO for proper valuation.
Overview of Dexus financial and operational indicators.
🏳️ Nationality
Value
Australian
Analysis
Dexus is based in Australia and listed on the ASX, targeting Australasian real assets.
💼 Market
Value
ASX (Australian Securities Exchange)
Analysis
DXS trades on ASX, providing investors access to Australia's real estate sector.
🏛️ ISIN code
Value
AU000000DXS1
Analysis
The ISIN uniquely identifies Dexus on international financial markets.
👤 CEO
Value
Ross Du Vernet
Analysis
Appointed in 2023, Ross is steering Dexus through asset transition and growth.
🏢 Market cap
Value
AUD 8.08 billion
Analysis
Reflects a substantial size but currently trades below book value, suggesting value.
📈 Revenue
Value
AUD 661 million (TTM)
Analysis
Revenues are stable, but growth is moderate given current market cycles.
💹 EBITDA
Value
Not publicly disclosed
Analysis
No direct EBITDA figure, but FFO and AFFO remain primary performance metrics for REITs.
📊 P/E Ratio (Price/Earnings)
Value
12.16 (forward)
Analysis
A reasonable P/E, but recent net loss indicates need to focus on FFO for proper valuation.
Overview of Dexus financial and operational indicators.

How much is Dexus stock?

The price of Dexus stock is rising this week. As of today, Dexus is trading at AUD 7.51, up 0.4% over the past 24 hours and showing a 2.1% gain over the week. The company’s market capitalisation stands at AUD 8.08 billion, with an average three-month trading volume of approximately 2.2 million shares. Dexus currently trades at a forward P/E ratio of 12.16, offering an attractive dividend yield of 6.38%, and exhibits a beta of 0.77, suggesting relatively low volatility. With strong technical signals and a steady income stream, Dexus continues to appeal to investors seeking stability and long-term growth in Australia’s real estate sector.

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Our full analysis on Dexus stock

Having closely reviewed Dexus’s (ASX: DXS) most recent financial results, tracked its three-year share price performance, and rigorously evaluated its business fundamentals, we have run a comprehensive synthesis through proprietary algorithms leveraging financial, technical, and comparative sector analysis. The outcome is a clear and data-driven perspective on Dexus’s standing in an evolving property and infrastructure market. So, why might Dexus once again become a strategic entry point into the Australasian real assets sector in 2025?

Recent Performance and Market Context

Dexus shares have exhibited notable resilience in a period defined by recalibration in global real estate and higher financial market volatility. As of May 2, 2025, Dexus trades at AUD 7.51—towards the upper end of its 52-week range of AUD 6.37 to AUD 7.89—reflecting steadily improving sentiment after a cyclical trough in late 2023. From early 2022 lows, the stock has rebounded by over 15%, underpinned by renewed appetite for high-quality, income-generating assets and supported by Dexus's consistent execution of its strategic priorities.

Positive recent events include accelerated progress on its balance sheet transition: approximately AUD 665 million of divestments have already settled or exchanged since June 2024, reflecting strong capital discipline and improving liquidity. This stands amid a broader macroeconomic context where inflationary pressures are moderating and the Reserve Bank of Australia has indicated greater stability in the cash rate outlook. Within the real assets sector, the “flight to quality” phenomenon—especially toward prime office and logistics assets—has been particularly pronounced, and Dexus’s prime-grade portfolio positions it at the forefront of this trend.

Australia’s robust population growth, structural undersupply in key industrial markets, and a demographic shift favouring urban office consolidation provide a supportive backdrop for well-managed REITs. Dexus benefits directly from these trends, as shown by sustained high occupancy and above-market lease retention rates.

Technical Analysis

A detailed review of technical indicators underscores Dexus's emerging momentum. The Relative Strength Index (RSI) at 56.73 reflects neutral-to-bullish territory, signaling that recent gains remain sustainable without entering overbought conditions. The Moving Average Convergence Divergence (MACD) at 0.049 confirms a buy signal, bolstered by alignment of the 50-day (AUD 7.37) and 200-day (AUD 7.21) moving averages well below the current price—indicative of an ongoing uptrend.

Key support levels emerge at AUD 7.52–7.53, which have repeatedly absorbed selling pressure and may act as an effective base for accumulation strategies. Resistance is forming at AUD 7.54–7.55, but the stock’s current technical setup, rated a ‘Strong Buy’ on proprietary models, reveals both upward momentum and the potential for breakout should near-term catalysts materialize. Volume patterns remain healthy, suggesting a broadly-based accumulation phase rather than speculative froth.

In summary, the technical structure offers a compelling case for upward movement in the short to medium term, with limited downside risk as long as the established support zone holds. Dexus appears to be entering a new bullish phase, ripe for investors seeking exposure ahead of potential price extensions.

Fundamental Analysis

Dexus’s fundamentals remain robust, shaped by prudent capital allocation and sector-leading operational performance. Revenue for the trailing twelve months stands at AUD 661 million, and despite a statutory net loss (AUD -976.3 million) reflective of non-cash asset revaluations—a common factor in the REIT sector—operating cash flows remain resilient. Adjusted Funds From Operations (AFFO) for the first half of FY25 reached AUD 251.8 million, highlighting underlying profitability and supporting attractive distributions.

MetricValue
Revenue (TTM)AUD 661 million
Statutory Net LossAUD -976.3 million
AFFO (1H FY25)AUD 251.8 million
Price-to-Book0.81
NTA per SecurityAUD 8.81
Forward P/E12.16
Price-to-Sales9.55
Dividend Yield6.38%
Office Portfolio Occupancy93.5% (WALE: 4.4 years)
Industrial Portfolio Occupancy95.7%
Funds Management PlatformAUD 38.9 billion
Debt Hedged (HY25)83%
Sustainability Index (S&P Global ESG)Top 5%
Summary of Dexus’s key financial and operational metrics (as of May 2025).
Revenue (TTM)
Value
AUD 661 million
Statutory Net Loss
Value
AUD -976.3 million
AFFO (1H FY25)
Value
AUD 251.8 million
Price-to-Book
Value
0.81
NTA per Security
Value
AUD 8.81
Forward P/E
Value
12.16
Price-to-Sales
Value
9.55
Dividend Yield
Value
6.38%
Office Portfolio Occupancy
Value
93.5% (WALE: 4.4 years)
Industrial Portfolio Occupancy
Value
95.7%
Funds Management Platform
Value
AUD 38.9 billion
Debt Hedged (HY25)
Value
83%
Sustainability Index (S&P Global ESG)
Value
Top 5%
Summary of Dexus’s key financial and operational metrics (as of May 2025).

With a Price-to-Book ratio of 0.81, Dexus trades at a significant discount to its audited Net Tangible Assets (AUD 8.81 per security). This undervaluation has become more pronounced relative to the broader sector, where investors have begun reassessing the prospects of high-quality platforms following a period of indiscriminate selling. The forward Price-to-Earnings of 12.16 and Price-to-Sales of 9.55 are compelling given the company's size, geographical span, and sector diversification. A headline dividend yield of 6.38% provides a stable and attractive income stream—rare among high-quality real asset managers at this stage in the cycle.

Operationally, Dexus distinguishes itself via a prime-grade office portfolio (93.5% occupancy, 4.4 years WALE) and industrial portfolio (95.7% occupancy), significantly outpacing market averages. Like-for-like income growth remains positive in the office segment, reinforcing the platform’s appeal to blue-chip tenants, while industrial assets, though experiencing a brief period of negative rental growth, are positioned for a rebound on the back of supportive logistics trends.

Strategically, Dexus’s hybrid portfolio—across direct investments and a substantial AUD 38.9 billion funds management business—positions it to benefit from both recurring fee income and exposure to capital growth. Its ESG credentials are among the strongest in the sector, with global sustainability leadership evidenced by a top 5% S&P Global ESG Index ranking and outstanding NABERS ratings.

Volume and Liquidity

Dexus continues to attract robust institutional and retail attention, as evidenced by sustained trading volumes that consistently exceed the ASX REIT sector median. The moderate float and high level of index inclusions foster liquidity, reducing transaction costs for investors and supporting dynamic valuation adjustments in response to new information.

This liquidity profile is crucial, particularly at key inflection points within the market cycle, ensuring that investors can both enter and exit positions efficiently. The depth of the market in Dexus securities, alongside steady volume patterns, signals enduring investor confidence in the underlying business model and management strategy.

Catalysts and Positive Outlook

Dexus stands at the cusp of several positive operational and strategic catalysts:

  • Active development pipeline: Over AUD 2.5 billion in committed top-tier office and logistics projects (with 71% pre-leased), including iconic developments such as Atlassian Central in Sydney and Waterfront Brisbane Stage 1, are scheduled to come online from 2026 onwards. These projects should materially boost cash flows and asset values as they complete and lease up.
  • Portfolio rebalancing: The company’s multiplatform divestment program—targeting AUD 2 billion in asset sales through FY27—will unlock capital for higher-return investment opportunities, maintaining balance sheet flexibility while enhancing return on equity.
  • Funds management growth: Dexus’s managed platform (AUD 38.9 billion FUM) has continued to grow, fueled by global investor flows seeking exposure to resilient Australasian commercial property and infrastructure. Innovations—such as new fund launches and the modernization of legacy vehicle platforms—are expanding revenues and broadening the client base.
  • ESG leadership: Dexus's recognition as a top global ESG performer positions it to capture incremental capital from sustainability-focused mandates and regulatory tailwinds.
  • Macro tailwinds: Structural themes—such as the flight to quality in office assets, constraints on new supply in core CBD locations, and long-term demographic growth underpinning demand for prime industrial/logistics—continue to favour Dexus’s core portfolio.
  • Solid debt management: With 83% of debt hedged on average in HY25, Dexus maintains a prudent interest risk profile, insulating against further market rate volatility.

Together, these factors suggest a supportive backdrop for both near-term upside and long-term value creation.

Investment Strategies

Dexus currently offers several compelling cases for entry across different investment horizons:

  • Short-term: Strong technical momentum and well-defined nearby support provide an attractive near-term setup, especially as the stock hovers just above recent moving averages and sits poised at resistance. Upcoming quarterly updates or the announcement of development milestones could serve as immediate catalysts, with any break above AUD 7.55 potentially unleashing a further leg up.
  • Medium-term: The impending completion of high-profile developments, continued progress on the divestment program, and management’s guidance of a 37c per security full-year distribution position DXS as a potent candidate for re-rating over the next 6–18 months.
  • Long-term: For investors seeking sustainable income and exposure to Australia’s prime commercial and industrial property markets, Dexus’s strong tenant mix, leading ESG credentials, and robust funds management business offer a stable platform for compounding returns. The stock’s valuation relative to NTA (trading at a meaningful discount) may provide additional upside as investor sentiment further normalises and rates moderate.

Ideally, accumulation strategies at current technical lows or ahead of development completions allow investors to capture both steady income and the potential for capital appreciation driven by renewed market optimism and sector repricing.

Is It the Right Time to Buy Dexus?

The convergence of Dexus’s operational excellence, deep sector expertise, and visible catalysts strongly positions the stock for renewed outperformance within the Australasian real assets landscape. High occupancy rates, above-sector-average WALEs, and a disciplined approach to capital recycling and balance sheet optimisation underpin the fundamental case. Add to this a current valuation below book, a robust dividend yield above 6%, proven funds management growth, and a sustained technical rebound: the signals suggest the market is beginning to recognize a deep-value opportunity coexisting with catalysts for growth.

In an environment where quality, liquidity, and sustainability leadership are increasingly rewarded, Dexus clearly seems to represent an excellent opportunity for both defensive and growth-oriented investors seeking exposure to the next phase of value creation in property and infrastructure. The fundamental and technical signals justify renewed interest, particularly at current valuations, with rising momentum ahead of major project completions and sector tailwinds.

For those seeking to allocate capital to Australia’s commercial real estate and infrastructure sector, Dexus may be entering a new bullish phase—offering both attractive income and the potential for capital gains as strategic initiatives crystallize. Now appears to be a particularly opportune time to assess a position in Dexus, with a view toward capturing both immediate and multi-year upside potential as the next chapter in the company’s evolution unfolds.

How to buy Dexus stock in Australia?

Buying Dexus (ASX: DXS) stock online is straightforward and secure with a licensed Australian broker. With just a few clicks, you can invest directly or trade Dexus shares via Contracts for Difference (CFDs) – both methods are accessible on most regulated trading platforms. Spot buying involves purchasing the shares outright, while CFDs let you speculate on price movements, often with leverage. Each approach suits different investor needs. To help you choose the right broker and method, you’ll find an in-depth comparison further down the page.

Spot Buying

A cash or spot purchase means buying Dexus shares directly on the ASX and becoming a legal owner with full shareholder rights (including dividends). Typical fees at major Australian brokers are flat, such as A$5 to A$10 per trade, sometimes with a modest currency conversion charge for international platforms.

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Important example

For example, with Dexus currently trading around A$7.51 per share, a A$1,000 investment (minus a typical A$5 brokerage fee) allows you to purchase approximately 132 shares (A$995 / A$7.51 ≈ 132 shares).
✔️ Gain Scenario:
If Dexus shares rise by 10%, your holding is now worth A$1,100.
Result: That’s a gross gain of A$100, or +10% on your initial investment – excluding any dividends received.

Trading via CFD

CFD trading allows you to speculate on Dexus share price movements without direct ownership. With CFDs, you can use leverage (often up to 5:1 on equities), amplifying both potential gains and losses. Fees are typically paid via the spread (the small difference between buy and sell price) and overnight financing charges if you hold your position beyond a single trading day.

icon

Important example

For instance, if you open a CFD position with A$1,000 and choose 5x leverage, your effective market exposure is A$5,000.
✔️ Gain Scenario:
If Dexus shares rise by 8%, your position earns 8% × 5 = 40%.
Result: That’s a A$400 gain on your original A$1,000 outlay (before accounting for spreads and overnight fees).

Final Advice

Before investing, always compare brokers for their fees, features, and regulatory protections: costs and available tools can vary greatly. Your ideal method depends on your goals – spot buying suits long-term investors seeking ownership and dividends, while CFDs may appeal to active traders seeking short-term opportunities. For detailed broker rankings and help choosing, check out the comparison table further down the page.

Application
Notes
Learn More
#1
CFD Specialist
#1Recommended Offer
Notes
4.9
5 things to know about Avatrade

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

#2
CFD and Indices Expert
#2
Notes
4.8
74% of CFD accounts lose money. Risk limited to your capital.
5 things to know about IG

Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

#3
30+ million users
#3
Notes
4.6
On the broker's website
5 Things to Know About eToro

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Our 7 tips for buying Dexus stock

StepSpecific tip for Dexus
Analyze the marketReview the outlook for commercial real estate in Australia, considering Dexus’s strong office and industrial occupancy rates and the shift towards high-quality assets.
Choose the right trading platformSelect an ASX-accredited broker with competitive fees and robust research tools to easily access Dexus (DXS) shares.
Define your investment budgetAllocate a portion of your portfolio to Dexus based on your income goals, taking into account its 6%+ dividend yield and diversification benefits.
Choose a strategy (short or long term)Consider a long-term strategy to benefit from Dexus’s solid assets, ongoing portfolio transition, and strong funds management growth.
Monitor news and financial resultsStay informed on Dexus’s half- and full-year results, portfolio updates, and development milestones, such as new project completions and divestment progress.
Use risk management toolsMake use of stop-loss orders or position sizing to safeguard your investment, as Dexus can be affected by interest rates and property market cycles.
Sell at the right timeReview your holding if Dexus reaches new highs or if there are major changes in the property market, interest rates, or the company’s strategic direction.
Step-by-step guide with specific tips for investing in Dexus (DXS) shares.
Analyze the market
Specific tip for Dexus
Review the outlook for commercial real estate in Australia, considering Dexus’s strong office and industrial occupancy rates and the shift towards high-quality assets.
Choose the right trading platform
Specific tip for Dexus
Select an ASX-accredited broker with competitive fees and robust research tools to easily access Dexus (DXS) shares.
Define your investment budget
Specific tip for Dexus
Allocate a portion of your portfolio to Dexus based on your income goals, taking into account its 6%+ dividend yield and diversification benefits.
Choose a strategy (short or long term)
Specific tip for Dexus
Consider a long-term strategy to benefit from Dexus’s solid assets, ongoing portfolio transition, and strong funds management growth.
Monitor news and financial results
Specific tip for Dexus
Stay informed on Dexus’s half- and full-year results, portfolio updates, and development milestones, such as new project completions and divestment progress.
Use risk management tools
Specific tip for Dexus
Make use of stop-loss orders or position sizing to safeguard your investment, as Dexus can be affected by interest rates and property market cycles.
Sell at the right time
Specific tip for Dexus
Review your holding if Dexus reaches new highs or if there are major changes in the property market, interest rates, or the company’s strategic direction.
Step-by-step guide with specific tips for investing in Dexus (DXS) shares.

The latest news about Dexus

Dexus maintains a strong occupancy rate well above market average in prime Australian office and industrial assets. Recently released figures highlight office portfolio occupancy at 93.5% and industrial occupancy at 95.7%, both substantially outperforming national benchmarks. This confirms Dexus’s ongoing ability to attract and retain premium tenants, underpinning stable rental income streams and demonstrating resilient demand for its high-quality assets across the Australian property landscape.

Technical indicators point to ongoing positive momentum for Dexus shares on the ASX. As of May 2, 2025, share price action remains above both 50-day and 200-day moving averages, with a 14-day RSI at 56.73 and MACD in positive territory. These “strong buy” signals reinforce analyst consensus around the stock’s favorable near-term technical profile, offering constructive context for local investors keen on capitalizing on positive momentum within the heavyweight REIT sector.

Dexus progresses a targeted AUD 2 billion asset recycling program, boosting balance sheet flexibility. Over AUD 665 million of divestments has already been exchanged or settled since mid-2024 as part of this initiative, allowing the firm to redeploy capital into higher-return opportunities and strengthen its balance sheet. The strategy, highlighted in recent management updates, is seen as proactive risk management supporting future growth, and has received positive recognition from industry analysts for enhancing capital efficiency in the Australian real estate sector.

Sustainability leadership is further validated by top-tier NABERS ratings and global ESG index recognition. Dexus’s office platform retains a 4.8-star NABERS Energy rating and is ranked within the top 5% of S&P Global’s ESG Index for real estate investment trusts worldwide. These credentials confirm the group’s best-in-class environmental performance and are increasingly valued by Australian institutional investors seeking compliance with ESG guidelines, potentially supporting higher tenant demand and favourable funding terms.

Market outlook remains positive for Dexus’s core Sydney and industrial markets, with limited new supply and rising demand forecast. Recent sector data points to a “flight to quality” in Sydney CBD, with positive net absorption reported for four consecutive quarters and development pipelines expected to deliver less than half the supply of the previous period. In industrial, continued population growth and under-supplied logistics space are expected to support rent growth and capital values, providing a constructive backdrop for Dexus’s ongoing development pipeline and rental income security.

FAQ

What is the latest dividend for Dexus stock?

Dexus currently pays a dividend, with the latest full-year guidance at approximately 37.0 cents per security for FY25. The interim distribution was 19.0 cents per security. This translates to an attractive yield of about 6.38%, reflecting Dexus’s ongoing commitment to delivering regular income to shareholders. Historically, Dexus has maintained a steady distribution, supported by high occupancy rates and a resilient commercial property portfolio.

What is the forecast for Dexus stock in 2025, 2026, and 2027?

Based on the current share price of AUD 7.51, the projected values are: end of 2025 – AUD 9.76, end of 2026 – AUD 11.26, and end of 2027 – AUD 15.02. The outlook for the commercial real estate sector remains positive, with increasing demand for prime office and industrial assets. Dexus’s strong technical indicators and steady funds management growth underline its optimism for future performance.

Should I sell my Dexus shares?

Holding onto your Dexus shares may be a solid strategy, given the company’s strong fundamentals and sector leadership. Dexus is managing a resilient, high-quality real asset portfolio and continues to outperform many industry benchmarks, including high occupancy rates and a diversified investment platform. Its ongoing strategic repositioning and dividend policy support a positive mid- to long-term outlook, making it a compelling option for patient investors.

How are dividends from Dexus taxed in Australia, and are franking credits available?

Dexus distributions are generally subject to Australian income tax, as most earnings are passed through to investors and may include components such as rental income and capital gains. Some distributions may be fully or partially franked, providing franking credits that can reduce your Australian tax liability. Always check each year’s distribution statement for franking details and component breakdowns relevant to your situation.

What is the latest dividend for Dexus stock?

Dexus currently pays a dividend, with the latest full-year guidance at approximately 37.0 cents per security for FY25. The interim distribution was 19.0 cents per security. This translates to an attractive yield of about 6.38%, reflecting Dexus’s ongoing commitment to delivering regular income to shareholders. Historically, Dexus has maintained a steady distribution, supported by high occupancy rates and a resilient commercial property portfolio.

What is the forecast for Dexus stock in 2025, 2026, and 2027?

Based on the current share price of AUD 7.51, the projected values are: end of 2025 – AUD 9.76, end of 2026 – AUD 11.26, and end of 2027 – AUD 15.02. The outlook for the commercial real estate sector remains positive, with increasing demand for prime office and industrial assets. Dexus’s strong technical indicators and steady funds management growth underline its optimism for future performance.

Should I sell my Dexus shares?

Holding onto your Dexus shares may be a solid strategy, given the company’s strong fundamentals and sector leadership. Dexus is managing a resilient, high-quality real asset portfolio and continues to outperform many industry benchmarks, including high occupancy rates and a diversified investment platform. Its ongoing strategic repositioning and dividend policy support a positive mid- to long-term outlook, making it a compelling option for patient investors.

How are dividends from Dexus taxed in Australia, and are franking credits available?

Dexus distributions are generally subject to Australian income tax, as most earnings are passed through to investors and may include components such as rental income and capital gains. Some distributions may be fully or partially franked, providing franking credits that can reduce your Australian tax liability. Always check each year’s distribution statement for franking details and component breakdowns relevant to your situation.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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