Dexus Industria REIT (ASX:DXI) said external valuations of its 90-asset portfolio as at June 30 resulted in an estimated net uplift of AU$3.2 million, or 0.2% above forecast book values, according to a Friday filing with the Australian bourse.
The valuation was supported by a slight tightening of the weighted average capitalization rate, which improved by 3 basis points to 5.91% at June 30 from 5.94% at Dec. 31, 2025, the filing said.
The company has also increased its on-market buy-back to 5% from 2.5% of securities on issue, citing strong execution, attractive pricing to underlying value, and sufficient balance sheet capacity, the filing added.