Overview
Description
Dexus Convenience Retail REIT is a real estate investment trust that invests primarily in service stations and convenience retail properties across Australia. Its primary function is to provide investors with stable income, deriving rental earnings from a portfolio of properties strategically located in high-traffic areas, often near major roadways. The trust focuses on assets that are leased to major convenience retailers and service station operators, benefitting from the steady demand for fuel and everyday essentials. Dexus Convenience Retail REIT plays a crucial role in the retail property market by offering exposure to the essential goods sector, which is less susceptible to economic fluctuations compared to discretionary retail. With an emphasis on geographically diverse and strategically located properties, it ensures long-term capital stability and enhanced yield opportunities for its investors. The trust is an integral part of the real estate sector, bridging the gap between traditional retail investment strategies and the evolving consumer landscape that prioritizes convenience.
About
CEO
Employees
0
Address
Level 30
50 Bridge Street
Sydney, 2000, NSW
Australia
50 Bridge Street
Sydney, 2000, NSW
Australia
Phone
61 2 9017 1100
Website
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Retail
Country
Australia
MIC code
XASX