Dexus Convenience Retail REIT asset, 60 Hawkins Crescent. (Photo: Dexus Convenience Retail REIT)

Dexus Convenience Retail REIT (DXC) has signalled its intention to act on its on-market securities buy-back programme, targeting an initial 2.5% of its securities on issue.

This follows the extension of the REIT’s existing buy-back for a further 12-month period on 28 January 2026.

The buy-back extension was granted to retain flexibility, and the trust has now confirmed it intends to move forward with the programme.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.