Dexus Industria FY26 outlook lifts FFO above forecast

Dexus Industria reported full-year 2026 funds from operations (FFO) that surpassed guidance, while portfolio yields reached 7%, according to slides presented to investors.

The industrial property trust said its FFO per unit exceeded prior guidance, though specific figures were not disclosed in the preliminary materials. Portfolio yields climbed to 7%, reflecting higher occupancy and rental growth across its logistics and warehouse assets.

Dexus Industria, a unit of Dexus, operates a portfolio focused on industrial real estate in Australia and New Zealand. The trust’s performance aligns with broader trends in the logistics sector, where demand for warehousing space has remained robust amid supply chain shifts.

Management highlighted continued strength in tenant demand and limited new supply as key drivers behind the improved yield outlook. The company did not provide updated guidance for distributions or capital expenditure in the slides.

Shares in Dexus Industria were not immediately impacted by the announcement, as the information was preliminary and subject to finalization ahead of the full-year results.