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DEXUS Annual Report 2011

Aug 16, 2011

64807_rns_2011-08-16_871c8104-b62f-4156-84e0-17a062fa0fbf.pdf

Annual Report

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DEXUS Property Group - ASX release
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17 August 2011

DEXUS Property Group (ASX: DXS) DEXUS Property Group 2011 Property Synopsis

DEXUS Funds Management Limited, as responsible entity for DEXUS Property Group (DXS), provides the DEXUS Property Group 2011 Property Synopsis to the Australian Securities Exchange:

We have also published the June 2011 DEXUS Property Group Property Synopsis spread sheet on our web site at www.dexus.com/synopsis The Property Synopsis spread sheet contains details for each property, a Reconciliation of Operating EBIT, FFO and Distribution and other information as at 30 June 2011.

For further information contact:

Media Relations Investor Relations Emma Parry T: (02) 9017 1133 Daniel Rubinstein T: (02) 9017 1336 M: 0421 000 329 M: 0466 016 725 E: [email protected] E: [email protected] Ben Leeson T: (02) 9017 1343 David Brewin T: (02) 9017 1256 M: 0403 260 754 M: 0411 162 457 E: [email protected] E: [email protected]

About DEXUS

DEXUS is one of Australia’s leading property groups specialising in world-class office, industrial and retail properties with total assets under management of $13.6bn. In Australia, DEXUS is the market leader in office and industrial and, on behalf of third party clients, a leading manager and developer of shopping centres. DEXUS is committed to being a market leader in Corporate Responsibility and Sustainability. www.dexus.com

DEXUS Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for DEXUS Property Group (ASX: DXS)

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2011

DEXUS Property Group ProPerty SynoPSiS 30 June

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SUmmary of ProPErtiES 2
officE PortfoLio – aUStraLia anD nEw ZEaLanD 20
car Park PortfoLio – aUStraLia 30
inDUStriaL PortfoLio – aUStraLia 32
inDUStriaL PortfoLio – UnitED StatES 45
inDUStriaL PortfoLio – EUroPE 78
inDEX 85
DirEctory

Front cover: 1 Bligh Street and Governor Phillip & Macquarie Tower Complex, 1 Farrer Place, Sydney, NSW This page: View from Governor Phillip Tower, 1 Farrer Place, Sydney, NSW

DXS $7.5bn DeXuS Diversified trust DeXuS office trust DeXuS industrial trust DeXuS operations trust Australia $6.1bn uS $1.2bn officE inDUStriaL inDUStriaL

1

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

aUStraLia anD nEw ZEaLanD PortFoLio mAP

Leadership positions in Australia in office and industrial

aUStraLia

SyDney

office

359,200sqm 21.3% port/area $2,935m value 47.8% portfolio 17 properties

industrial

502,067sqm 29.8% port/area $935m value 15.3% portfolio 23 properties

CAnberrA

office

22,650sqm 1.3% port/area $64m value

1.0% portfolio

2 properties

meLbourne

office

109,270sqm

6.5% port/area $616m value 10.1% portfolio 6 properties

industrial

497,587sqm 29.6% port/area $598m value 9.7% portfolio 8 properties

briSbAne

office

$359m value 5.8% portfolio 1 property

5.8% portfolio

industrial

53,532sqm 3.2% port/area $69m value

Perth

office

47,250sqm 2.8% port/area $441m value 7.2% portfolio 1 property

ADeLAiDe

industrial

72,115sqm 4.3% port/area $29m value 0.5% portfolio 1 property

nEw ZEaLanD

AuCkLAnD

office

19,580sqm 1.2% port/area $95m value 1.5% portfolio 1 property

1.1% portfolio

3 properties

Quarry industrial estate, reconciliation road, Greystanes, NSW

2 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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28 officE ProPErtiES 558,000 SQm 35 inDUStriaL ProPErtiES 1,125,300 SQm totaL VaLUE $6.1 BiLLion
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Brisbane
adelaide
Perth
Sydney
canberra auckland
melbourne
oFFiCe ProPerTieS
iNDUSTriAl ProPerTieS
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3

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

aUStraLia anD nEw ZEaLanD

SummAry oF ProPertieS

SummAry oF ProPertieS
Property address Location metro area Building type ownership at
30 Jun 2011
(%)
office portfolio – australia
Garema Court, 140-180 City Walk, Canberra ACT Canberra CBD A-grade – office 100
14 Moore Street, Canberra ACT Canberra CBD B-grade – office 100
The Zenith, 821 Pacific Highway, Chatswood NSW Chatswood A-grade – office 50
11 Talavera road, Macquarie Park NSW Macquarie Park office Park 100
40-50 Talavera road, Macquarie Park NSW Macquarie Park Business Park 100
144 Wicks road, Macquarie Park4 NSW Macquarie Park land 50
Victoria Cross, 60 Miller Street, North Sydney NSW North Sydney A-grade – office 100
130 George Street, Parramatta10 NSW Parramatta CBD B-grade – office 100
105 Phillip Street, Parramatta4 NSW Parramatta CBD land 100
1 Bligh Street, Sydney NSW Sydney CBD Premium grade – office 33
Sydney CBD Floor Space (1 Chifley Square, Sydney) NSW Sydney CBD other 100
45 Clarence Street, Sydney NSW Sydney CBD A-grade – office 100
201-217 elizabeth Street, Sydney NSW Sydney CBD A-grade – office 50
Governor Phillip & Macquarie Tower Complex, NSW Sydney CBD Premium grade – office 50
1 Farrer Place, Sydney
Australia Square Complex, 264-278 George Street, Sydney NSW Sydney CBD A-grade – office 50
30 The Bond, 30-34 Hickson road, Sydney NSW Sydney CBD A-grade – office 100
309-321 Kent Street, Sydney NSW Sydney CBD A-grade – office 50
383-395 Kent Street, Sydney NSW Sydney CBD A-grade – office 100
one Margaret Street, Sydney NSW Sydney CBD A-grade – office 100
44 Market Street, Sydney NSW Sydney CBD A-grade – office 100
123 Albert Street, Brisbane QlD Brisbane CBD Premium grade – office 100
Flinders Gate Complex, 172 Flinders Street & ViC Melbourne CBD B-grade – office 100
189 Flinders lane, Melbourne
8 Nicholson Street, Melbourne ViC Melbourne CBD A-grade – office 100
Southgate Complex, 3 Southgate Avenue, Southbank ViC Melbourne CBD A-grade – office 100
Woodside Plaza, 240 St Georges Terrace, Perth WA Perth CBD Premium grade – office 100
office portfolio – new Zealand
lumley Centre, 88 Shortland Street, Auckland Auckland Auckland CBD Premium grade – office 100
car park portfolio – australia
383-395 Kent Street, Sydney NSW Sydney CBD Car Park 100
32-44 Flinders Street, Melbourne ViC Melbourne CBD Car Park 100
Flinders Gate Complex, 172 Flinders Street, Melbourne ViC Melbourne CBD Car Park 100
34-60 little Collins Street, Melbourne ViC Melbourne CBD Car Park 100

refer to page 18 for relevant notes.

4 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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net lettable acquisition Book value independent independent market/ Leased weighted aifrS noi
area adjusted date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
for ownership (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sqm) (%) [9,12] (years) (a$m)
11.5 Aug 2000 31.00 Mar 2009 50.60 9.00 97 1.4 4.0
11.1 May 2002 33.00 Jun 2010 37.00 9.00 100 1.4 4.2
22.5 Dec 1998 112.95 Jun 2010 107.50 8.25 99 4.1 7.9
36.3 Jun 2002 141.00 Jun 2010 127.00 8.00 89 5.4 8.8
13.1 oct 2002 27.98 Jun 2009 29.20 9.25 87 3.9 1.4
Nov 2006 18.00 Jun 2011 18.00
19.3 Dec 1998 135.00 Jun 2011 135.00 7.50 96 5.6 7.8
19.9 May 1997 79.46 Dec 2010 77.00 8.38 97 4.5 5.4
May 1997 8.00 Dec 2010 8.00
14.4 Aug 2000 209.67 Jun 2011 209.67 6.50 56 9.9 0.4
Jul 2000 0.13
32.2 Dec 1998 247.50 Jun 2011 247.50 7.13 96 2.7 13.3
19.4 Aug 2000 144.00 Jun 2011 144.00 7.38 100 3.5 8.6
43.6 Dec 1998 645.44 Dec 2010 643.00 6.45 99 4.8 36.6
26.3 Aug 2000 271.46 Dec 2009 264.25 7.04 95 4.1 15.6
19.7 May 2002 145.46 Dec 2010 145.00 7.13 100 3.0 10.6
23.5 Dec 1998 184.31 Dec 2010 182.50 7.24 100 4.7 10.5
18.1 Sep 1987 127.22 Jun 2010 122.00 7.38 100 4.2 7.6
20.8 Dec 1998 170.86 Dec 2009 162.50 7.13 100 3.3 11.9
30.2 Sep 1987 207.00 Jun 2010 192.70 7.25 97 5.7 10.3
oct 1984 359.01 Dec 2010 317.50 7.00 90 10.1 0.4
8.8 Mar 1999 28.50 Jun 2011 28.50 8.00 100 2.0 1.7
23.5 Nov 1993 80.16 Jun 2009 85.00 8.00 100 2.0 8.4
76.6 Aug 2000 385.00 Jun 2009 340.00 7.75 98 5.7 27.0
47.3 Jan 2001 441.00 Jun 2010 425.00 7.75 100 6.2 29.0
19.6 Sep 2005 94.97 Jun 2010 99.20 8.50 100 4.8 8.7
Sep 1987 60.00 Jun 2010 60.00 7.75 100 10.0 4.6
Jun 1998 29.50 Jun 2011 29.50 8.00 100 9.8 2.1
Mar 1999 54.00 Jun 2011 54.00 8.00 100 10.0 4.5
0.3 Nov 1984 39.20 Jun 2011 39.20 8.75 100 9.9 3.8
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DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 5

aUStraLia anD nEw ZEaLanD

SummAry oF ProPertieS (ContinueD)

Property address Location metro area Building type ownership at
30 Jun 2011
(%)
industrial portfolio – australia
52 Holbeche road, Arndell Park NSW Sydney, outer West Distribution Centre 100
79-99 St Hilliers road, Auburn NSW Sydney, inner West Business Park 100
3 Brookhollow Avenue, Baulkham Hills6 NSW Sydney, outer West Business Park 100
1 Garigal road, Belrose NSW Sydney, North Business Park 100
2 Minna Close, Belrose NSW Sydney, North Business Park 100
30-32 Bessemer Street, Blacktown NSW Sydney, outer West Distribution Centre 100
114-120 old Pittwater road, Brookvale NSW Sydney, North Business Park 100
2 Alspec Place, eastern Creek NSW Sydney, outer West Distribution Centre 100
94-106 lenore Drive, erskine Park3 NSW Sydney, outer West Development Site 100
145-151 Arthur Street, Flemington NSW Sydney, inner West Business Park 100
436-484 Victoria road, Gladesville NSW Sydney, North Business Park 100
1 Foundation Place, Greystanes NSW Sydney, outer West industrial estate 100
Quarry industrial estate, reconciliation road, Greystanes6 NSW Sydney, outer West industrial estate 100
27-29 liberty road, Huntingwood NSW Sydney, outer West Distribution Centre 100
Kings Park industrial estate, Vardys road, Marayong NSW Sydney, outer West industrial estate 100
2-4 Military road, Matraville NSW Sydney, South industrial estate 100
154 o'riordan Street, Mascot NSW Sydney, South industrial estate 100
5-15 rosebery Avenue, rosebery NSW Sydney, South Business Park 100
25-55 rothschild Avenue, rosebery NSW Sydney, South Business Park 100
10-16 South Street, rydalmere NSW Sydney, inner West industrial estate 100
Centrewest industrial estate, Silverwater NSW Sydney, inner West industrial estate 100
DeXUS industrial estate, egerton Street, Silverwater NSW Sydney, inner West industrial estate 100
19 Chifley Street, Smithfield2 NSW Sydney, outer West industrial estate
12 Frederick Street, St leonards NSW Sydney, North industrial estate 100
30 Bellrick Street, Acacia ridge QlD Brisbane Distribution Centre 100
25 Donkin Street, West end Brisbane QlD Brisbane Business Park 100
57-101 Balham road, Archerfield3 QlD Brisbane industrial estate 100
15-23 Whicker road, Gillman SA Adelaide Distribution Centre 100
Target Distribution Centre, Tarras road, Altona North ViC Melbourne, West Distribution Centre 100
114 Fairbank road, Clayton ViC Melbourne, South east Distribution Centre 100
Pound road West, Dandenong ViC Melbourne, South east industrial estate 100
Knoxfield industrial estate, Henderson road, Knoxfield ViC Melbourne, South east Distribution Centre 100
250 Forest road South, lara ViC Melbourne, South West Distribution Centre 100
DeXUS industrial estate, Boundary road, laverton North ViC Melbourne, West Distribution Centre 100
(including 440 Doherty's road)6
12-18 Distribution Drive, laverton North ViC Melbourne, West Distribution Centre 50
Axxess Corporate Park, Corner Ferntree Gully & Gilby roads, ViC Melbourne, South east Business Park 100
Mount Waverley

refer to page 18 for relevant notes.

6 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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net lettable acquisition Book value independent independent market/ Leased weighted aifrS noi
area adjusted date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
for ownership (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sqm) (%) [9,12] (years) (a$m)
9.6 Jul 1998 12.50 Dec 2009 11.50 8.50 100 3.1 1.0
25.8 Sep 1997 37.40 Jun 2009 40.00 9.00 83 1.9 2.9
13.4 Dec 2002 51.36 Jun 2010 50.00 9.50 100 2.3 4.2
12.7 Dec 1998 20.50 Jun 2009 24.00 9.25 41 3.5 2.5
13.4 Dec 1998 27.31 Jun 2009 27.60 9.25 70 3.6 1.8
14.7 May 1997 16.25 Jun 2011 16.25 9.13 100 9.2 1.1
30.6 Sep 1997 44.13 Dec 2008 48.00 9.00 100 5.2 4.0
16.9 Mar 2004 24.33 Dec 2008 24.80 8.25 100 3.8 2.2
Aug 2010 22.42
19.2 Sep 1997 28.00 Jun 2011 28.00 8.75 100 1.3 2.6
19.6 Sep 1997 43.50 Jun 2009 46.00 8.75 85 1.8 3.4
30.8 Feb 2003 43.00 Jun 2010 41.50 8.25 100 3.1 3.8
36.0 Dec 2007 176.50 8.00 100 13.5 2.5
6.8 Jul 1998 8.00 Dec 2010 8.00 9.00 100 1.4 0.7
68.9 May 1990 88.66 Dec 2009 88.00 8.50 100 2.4 8.2
30.2 Dec 2009 48.90 Dec 2009 47.00 8.25 100 4.2 4.3
8.2 Jun 1997 13.75 Jun 2011 13.75 8.38 100 2.7 0.9
27.3 Apr 1998 57.11 Dec 2010 56.50 8.00 98 4.9 4.2
16.8 oct 2001 32.64 Dec 2010 32.50 8.25 100 1.5 2.4
35.0 Sep 1997 39.25 Jun 2011 39.25 9.00 85 2.3 2.9
17.8 May 2010 25.93 May 2010 24.43 8.75 100 3.6 2.4
29.3 May 1997 40.20 Dec 2009 39.50 8.84 60 5.2 2.8
1.1
19.3 Jul 2000 33.50 Jun 2011 33.50 8.75 100 2.3 3.0
17.8 Jun 1997 20.30 Jun 2010 19.60 9.00 100 1.2 1.9
11.3 Dec 1998 26.20 Dec 2010 27.00 8.25 91 1.6 2.2
24.5 Nov 2010 22.39 9.75 86 2.9 1.3
72.1 Dec 2002 28.80 Dec 2010 25.50 10.25 100 1.0 2.5
41.4 oct 1995 32.50 Jun 2011 32.50 9.00 100 5.8 3.7
18.6 Jul 1997 15.09 Dec 2010 14.90 9.00 100 8.3 1.3
78.8 Jan 2004 75.30 Jun 2010 77.30 8.50 100 3.7 6.8
48.5 Aug 1996 37.60 Jun 2011 37.60 8.67 100 3.1 2.9
117.3 Dec 2002 50.00 Dec 2010 50.00 9.00 100 12.0 4.2
86.6 Jul 2002 156.43 Jun 2011 156.43 8.27 100 7.3 5.1
21.5 Jul 2002 50.19 Jun 2010 48.00 8.50 100 10.8 4.6
84.8 oct 1996 181.25 Jun 2010 179.40 8.43 98 3.3 15.0
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DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 7

UnitED StatES

PortFoLio mAP

UnitED StatES

AtLAntA

1,626,184sf 6.8% port/area US$70m value 5.6% port/value 2 properties

bALtimore

1,419,806sf 6.0% port/area US$90m value 7.1% port/value 9 properties

ChArLotte

690,536sf 2.9% port/area US$18m value 1.4% port/value 2 properties

CinCinnAti

2,078,913sf 8.8% port/area US$48m value 3.8% port/value 6 properties

CoLumbuS

2,616,600sf

11.0% port/area US$81m value 6.5% port/value 4 properties

DALLAS

2,142,194sf

9.0% port/area US$111m value 8.8% port/value 16 properties

inLAnD emPire

3,229,965sf 13.6% port/area US$200m value 15.9% port/value 10 properties

LoS AnGeLeS

1,671,946sf 7.0% port/area US$185m value 14.7% port/value 8 properties

minneAPoLiS

1,036,347sf 4.4% port/area US$46m value 3.7% port/value 6 properties

nth VirGiniA

772,278sf 3.3% port/area US$89m value 7.0% port/value 4 properties

orLAnDo

1,893,938sf 8.0% port/area US$95m value 7.5% port/value 3 properties PhoeniX

1,587,476sf 6.7% port/area US$57m value 4.5% port/value 9 properties

SAn Antonio

1,418,400sf 6.0% port/area US$67m value 5.4% port/value 11 properties

SAn DieGo

123,136sf 0.5% port/area US$8m value 0.6% port/value 1 property

SeAttLe

1,422,632sf 6.0% port/area US$93m value 7.4% port/value 3 properties

4190 Santa Ana Street, ontario, CA

8 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

expanding management capabilities into the United States

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94 inDUStriaL ProPErtiES 23,730,300 SF totaL VaLUE US$1.2 BiLLion
Seattle
Minneapolis
Columbus
Cincinnati Nth Virginia Baltimore
Charlotte
inland Empire Atlanta
Los Angeles
Phoenix Dallas
San Diego
San Antonio
Orlando
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9

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

UnitED StatES

SummAry oF ProPertieS

SummAry oF ProPertieS
Property address Location metro area Building type ownership at
30 Jun 2011
(%)
west coast properties
13602 12th Street, Chino California inland empire Distribution Centre 100
3590 De Forest Circle, Mira loma California inland empire Distribution Centre 100
1450 e Francis Street, 1951 S Parco Street, California inland empire industrial estate 100
1401 e Cedar Street, ontario
1777 S Vintage Avenue, ontario California inland empire industrial estate 100
4190 Santa Ana Street, ontario California inland empire industrial estate 100
11653 6th Street, 9357 richmond Place & California inland empire industrial estate 100
9371 Buffalo Avenue, rancho Cucamonga
12000 Jersey Court, rancho Cucamonga California inland empire Distribution Centre 100
9545 Santa Anita Avenue, rancho Cucamonga California inland empire industrial estate 100
4200 Santa Ana, riverside California inland empire industrial estate 100
6530 Altura Boulevard, Buena Park California los Angeles Distribution Centre 100
1100 Hatcher Avenue & 17521 & 17531 railroad Street, California los Angeles industrial estate 100
industry3
14489 industry Circle, la Mirada California los Angeles Distribution Centre 100
14501 Artesia Boulevard, la Mirada3 California los Angeles industrial/Warehouse 100
14555 Alondra Boulevard, la Mirada California los Angeles Distribution Centre 100
5911-5915 Fresca Drive, la Palma11 California los Angeles Business Park 100
3550 Tyburn Street & 3332–3424 N San Fernando road, California los Angeles industrial estate 100
los Angeles
Summit oaks, 28515 Westinghouse Place, Santa Clarita California los Angeles office Park 100
9210 San Fernando road, Sun Valley California los Angeles industrial estate 100
7510-7520 Airway road, San Diego California San Diego industrial estate 100
Kent West Corporate Park, 21902 64th Avenue S, Kent Washington Seattle industrial estate 100
riverbend Commerce Park, 8005 South 266th Street & Washington Seattle Business Park 100
26507 79th Avenue South, Kent
whirlpool properties
3691 North Perris Boulevard, Perris California inland empire Warehouse 100
13201 South orange Avenue, orlando Florida orlando Distribution Centre 100
195 King Mill road, McDonough Georgia Atlanta Distribution Centre 100
6241 Shook road, lockbourne, Columbus ohio Columbus Distribution Centre 100
19700 38th Avenue east, Spanaway Washington Seattle Distribution Centre 100
8574 Boston Church road, Milton2 ontario Toronto industrial/Warehouse
central – east coast properties
300 Townpark Drive, Kennesaw Georgia Atlanta Business Park 100
1000-1200 Williams Street NW, Atlanta2 Georgia Atlanta Distribution Centre
Fort Holabird industrial, 1811 & 1831 Portal Street & Maryland Baltimore Distribution Centre 100
6615 Tributary Street, Baltimore
9112 Guilford road, Columbia Maryland Baltimore Business Park 100
8155 Stayton Drive, Jessup Maryland Baltimore industrial estate 100
8306 Patuxent range road & 8332 Bristol Court, Jessup Maryland Baltimore Business Park 100
8350 & 8351 Bristol Court, Jessup Maryland Baltimore Distribution Centre 100

refer to page 18 for relevant notes.

10 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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100% acquisition Book value at independent independent market/ Leased weighted aifrS noi
US assets date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
lettable area (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sf) (%) [9,12] (years) (a$m)
104.6 Sep 2004 6.79 Dec 2010 5.83 7.25 100 6.4 0.3
250.6 Sep 2004 12.31 Dec 2010 11.27 7.50 100 3.9 0.7
224.8 Sep 2004 10.96 Jun 2011 10.96 6.75 94 3.0 0.2
284.6 Sep 2004 11.21 Jun 2011 11.21 6.75 100 0.3 1.1
98.8 Sep 2004 4.62 Dec 2010 4.05 6.75 100 0.6 0.3
217.2 Sep 2004 13.09 Dec 2010 10.66 6.75 86 2.6 0.7
88.1 Sep 2004 3.98 Dec 2010 3.58 7.25 100 2.8 0.2
212.3 Sep 2004 7.22 Dec 2010 7.27 6.75 100 5.1
62.4 Sep 2004 2.68 Jun 2011 2.68 6.75 54 0.6 0.2
67.4 Sep 2004 4.01 Dec 2010 3.29 6.50 100 3.4 0.1
157.3 oct 2010 13.81 96 1.9 0.8
112.9 Sep 2004 6.96 Dec 2010 6.94 6.30 100 2.8 0.6
277.6 Jan 2011 26.08 6.50 100 4.6 1.1
237.1 Sep 2004 13.05 Dec 2010 12.08 6.50 100 1.3 0.9
292.1 Jul 2011 55 2.5
491.1 Sep 2004 54.19 Dec 2010 53.85 6.50 86 2.5 3.2
147.0 Dec 2006 33.55 Jun 2010 29.33 6.75 100 8.3 1.5
181.6 Sep 2004 20.83 Dec 2010 19.13 6.80 100 2.6 1.4
123.1 Sep 2004 7.54 Dec 2010 7.54 8.80 100 1.6 0.6
402.8 Sep 2004 25.14 Jun 2011 25.14 7.00 99 3.5 1.5
128.3 Sep 2004 8.88 Jun 2010 9.31 6.50 100 1.9 0.7
1,686.6 Jan 2008 113.34 Dec 2010 99.64 6.00 100 6.6 8.5
503.4 Jun 2007 29.43 Dec 2010 24.21 7.00 100 6.0 1.8
1,504.8 Nov 2009 61.40 Dec 2010 57.45 6.30 100 8.4 4.7
1,589.5 Jul 2009 55.07 Dec 2010 56.80 7.00 100 8.1 4.6
891.6 oct 2009 52.61 Dec 2010 52.61 7.00 100 8.3 4.3
4.7
121.4 Sep 2004 4.19 Jun 2011 4.19 8.50 56 1.3 0.3
0.2
172.4 Jun 2005 9.34 Jun 2011 9.34 7.75 95 3.3 0.8
55.0 Sep 2004 7.15 Jun 2010 6.05 8.80 100 3.6 0.7
125.6 Sep 2004 5.77 Jun 2010 5.77 8.70 58 2.4 0.2
151.9 Sep 2004 9.08 Jun 2010 8.19 8.30 73 2.2 0.3
133.4 Sep 2004 9.22 Jun 2010 7.73 7.80 98 2.3 0.6
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DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 11

UnitED StatES

SummAry oF ProPertieS (ContinueD)

Property address Location metro area Building type ownership at
30 Jun 2011
(%)
central – east coast properties(continued)
MD Wholesale Food Market, 7951 ocean Avenue & Maryland Baltimore Distribution Centre 100
7970 Tarbay Drive, Jessup
1015 & 1025 West Nursery road, linthicum Heights Maryland Baltimore industrial estate 100
Cabot Techs, 989-991 Corporate Boulevard, linthicum Heights Maryland Baltimore Business Park 100
Ne Baltimore, 21 & 23 Fontana lane, rosedale Maryland Baltimore industrial estate 100
3520-3600 Westinghouse Boulevard, Charlotte North Carolina Charlotte Distribution Centre 100
9900 Brookford Street, Charlotte North Carolina Charlotte Distribution Centre 100
10013-11093 Kenwood road, Cincinnati ohio Cincinnati Distribution Centre 100
World Park, 9756 & 9842 international Boulevard, Cincinnati ohio Cincinnati Distribution Centre 100
1825 Airport exchange Boulevard, erlanger Kentucky Cincinnati Distribution Centre 100
7453 empire Drive, Florence Kentucky Cincinnati Distribution Centre 100
7930 & 7940 Kentucky Drive, Florence Kentucky Cincinnati industrial estate 100
1910 international Way, Hebron Kentucky Cincinnati industrial estate 100
124 Commerce Boulevard, loveland2 ohio Cincinnati Distribution Centre
5-11 Spiral Drive, Florence2 Kentucky Cincinnati Business Park
3368-3372 Turfway road, erlanger2 Kentucky Cincinnati industrial estate
2700 international Street, Columbus ohio Columbus industrial estate 100
4343 & 4401 equity Drive, 1614-1634 Westbelt Drive & ohio Columbus industrial estate 100
1901-1919 Dividend Drive, Columbus
Se Columbus, 2626 Port road, Columbus ohio Columbus Distribution Centre 100
2550 John Glenn Avenue, Columbus2 ohio Columbus Distribution Centre
1999 Westbelt Drive, Columbus2 ohio Columbus industrial estate
912 113th Street & 2300 east randoll Mill road, Arlington Texas Dallas Business Park 100
555 Airline Drive, Coppell Texas Dallas industrial estate 100
11411, 11460-11480 & 11550-11560 Hillguard road, Dallas Texas Dallas industrial estate 100
1900 Diplomat Drive, Dallas Texas Dallas Business Park 100
2055 Diplomat Drive, Dallas Texas Dallas Business Park 100
CTC at Valwood, 13755 Hutton Drive, Dallas Texas Dallas Business Park 100
11011 regency Crest Drive, Garland Texas Dallas Distribution Centre 100
Garland Jupiter, Garland4, 6 Texas Dallas land 100
1600-1700 Capital Avenue, Plano Texas Dallas industrial estate 100
1800-1808 10th Street, Plano Texas Dallas industrial estate 100
2701, 2801, 2805 east Plano Parkway & 2700 Summit Avenue, Texas Dallas industrial estate 100
Plano
3601 east Plano Parkway & 1000 Shiloh road, Plano Texas Dallas industrial estate 100
820-860 F Avenue, Plano Texas Dallas Business Park 100
Plano Parkway, Plano4, 6 Texas Dallas land 100
885 east Collins Boulevard, richardson Texas Dallas Business Park 100
850 North lake Drive, Weatherford Texas Dallas Distribution Centre 100
6350 & 6360 Brackbill Boulevard, Mechanicsburg2 Pennsylvania Harrisburg Distribution Centre

refer to page 18 for relevant notes.

12 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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100% acquisition Book value at independent independent market/ Leased weighted aifrS noi
US assets date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
lettable area (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sf) (%) [9,12] (years) (a$m)
453.9 Sep 2004 17.13 Dec 2010 15.27 9.00 77 4.8 1.2
88.1 Sep 2004 4.84 Jun 2011 4.84 7.75 73 3.4
130.7 Sep 2004 14.70 Dec 2010 13.79 9.30 81 3.0 1.1
108.8 Sep 2004 6.22 Jun 2010 5.81 9.00 52 1.8 0.3
568.5 Sep 2004 14.34 Jun 2011 14.34 8.50 54 5.9 0.5
122.0 Sep 2004 2.08 Jun 2010 2.89 10.78 51 1.1 0.1
770.1 Sep 2004 13.04 Jun 2011 13.04 9.00 65 4.9 0.9
396.8 Sep 2004 6.38 Dec 2010 6.52 9.25 0.1
67.7 Sep 2004 1.66 Dec 2010 1.64 9.85 55 1.7
196.9 Sep 2004 3.90 Dec 2010 3.73 10.79 46 1.8 0.2
347.4 Sep 2004 10.81 Dec 2010 9.81 10.70 100 6.3 1.0
300.0 Sep 2004 8.73 Jun 2010 8.57 9.54 1 3.3 0.9
0.2
0.3
152.8 Sep 2004 1.93 Dec 2010 2.42 11.59 -0.2
717.7 Sep 2004 16.84 Dec 2010 16.68 10.54 100 3.1 2.5
156.6 Sep 2004 1.89 Dec 2010 2.37 10.66
130.6 Sep 2004 6.15 Jun 2011 6.15 7.75 61 5.1 0.5
140.8 Sep 2004 4.90 Jun 2010 4.38 8.07 100 2.9 0.4
247.7 Sep 2004 7.67 Jun 2010 6.63 8.63 88 2.7 0.5
82.8 Sep 2004 2.94 Jun 2010 2.98 9.26 37 3.9
53.4 Sep 2004 1.82 Jun 2011 1.82 8.00 0.1
46.8 Sep 2004 3.32 Jun 2010 3.54 9.60 72 0.8 0.2
176.6 Sep 2004 6.02 Jun 2010 5.87 8.49 100 2.5 0.4
Jun 2006 2.08 Jun 2010 2.08
100.5 Sep 2004 5.89 Jun 2010 5.44 9.11 100 3.0 0.1
209.5 Sep 2004 8.80 Jun 2010 10.05 9.12 76 3.0 0.5
306.6 Sep 2004 21.55 Dec 2010 20.39 7.90 93 2.1 1.2
286.9 Sep 2004 12.24 Dec 2010 12.76 9.60 44 2.1 -0.2
73.1 Sep 2004 4.85 Jun 2010 4.66 9.31 56 1.5
Jun 2006 1.13 Jun 2010 1.12
56.5 Sep 2004 3.07 Jun 2010 2.98 9.87 68 4.6 0.1
230.4 Sep 2004 10.53 Jun 2010 9.21 8.98 100 4.9 0.9
0.1
----- End of picture text -----

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 13

UnitED StatES

SummAry oF ProPertieS (ContinueD)

Property address Location metro area Building type ownership at
30 Jun 2011
(%)
central – east coast properties(continued)
Braemar ridge, 7500 West 78th Street, Bloomington Minnesota Minneapolis Business Park 100
Brooklyn Park interstate Center, 7700 68th Avenue, Minnesota Minneapolis Distribution Centre 100
Brooklyn Park
eagandale Business Campus, 1285 & 1301 Corporate Centre Minnesota Minneapolis Business Park 100
Drive, 1230 & 1270 eagan industrial road, eagan
6105 Trenton lane North, Minneapolis Minnesota Minneapolis Distribution Centre 100
2222-2298 Wooddale Drive, St Paul Minnesota Minneapolis Distribution Centre 100
2950 lexington Avenue South, St Paul Minnesota Minneapolis Distribution Centre 100
8575 Monticello lane, osseo2 Minnesota Minneapolis Distribution Centre
300 & 405-444 Swann Avenue, 2402-2520 oakville Street & Virginia Northern Virginia industrial estate 100
2412-2610 Jefferson Davis Highway, Alexandria
326-446 Calvert Avenue & 401-403 Murry's Avenue, Alexandria Virginia Northern Virginia industrial estate 100
44633-44645 Guilford road & 21641 Beaumeade Circle, Virginia Northern Virginia Business Park 100
Ashburn
CTC at Dulles, 13555 eDS Drive, Herndon Virginia Northern Virginia Business Park 100
Atlantic Corporate Park, 45600 Woodland road, Sterling2 Virginia Northern Virginia office Park
7500 exchange Drive, orlando Florida orlando industrial estate 100
orlando Central Park, 7600 Kingspointe Parkway, Florida orlando industrial estate 100
8259 exchange Drive, 7451-7488 Brokerage Drive &
2900-2901 Titan row, orlando
1000 South Priest Drive, Phoenix Arizona Phoenix Business Park 100
105-107 South 41st Avenue, Phoenix Arizona Phoenix Distribution Centre 100
1429-1439 South 40th Avenue, Phoenix Arizona Phoenix Distribution Centre 100
220 South 9th Street, Phoenix Arizona Phoenix Distribution Centre 100
431 North 47th Avenue, Phoenix Arizona Phoenix Distribution Centre 100
601 South 55th Avenue, Phoenix Arizona Phoenix Distribution Centre 100
844 44th Avenue, Phoenix Arizona Phoenix Distribution Centre 100
1120-1150 West Alameda Drive, Tempe Arizona Phoenix Business Park 100
10397 West Van Buren Street, Tolleson Arizona Phoenix Distribution Centre 100
1803 Grandstand Drive, San Antonio Texas San Antonio industrial/Warehouse 100
202 S Tayman Street, San Antonio Texas San Antonio industrial/Warehouse 100
302-402 N Tayman Street, San Antonio Texas San Antonio industrial/Warehouse 100
8151-8161 interchange Parkway, San Antonio Texas San Antonio industrial/Warehouse 100
8171 interchange Parkway, San Antonio4, 6 Texas San Antonio land 100
8181 interchange Parkway, San Antonio4, 6 Texas San Antonio land 100
8191 interchange Parkway, San Antonio4, 6 Texas San Antonio land 100
Cornerstone Building, 5411 i-10 east & Texas San Antonio industrial/Warehouse 100
1228 Cornerway Boulevard, San Antonio
Tri-County 2, Tri-County Parkway, Schertz4, 6 Texas San Antonio land 100
Tri-County 5, Tri-County Parkway, Schertz Texas San Antonio industrial/Warehouse 100
Tri-County 6, Tri-County Parkway, Schertz Texas San Antonio industrial/Warehouse 100
interchange North 1, 3005 Ne i-410 loop, San Antonio2 Texas San Antonio industrial/Warehouse

refer to page 18 for relevant notes.

14 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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----- Start of picture text -----

100% acquisition Book value at independent independent market/ Leased weighted aifrS noi
US assets date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
lettable area (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sf) (%) [9,12] (years) (a$m)
74.2 Nov 2005 3.21 Jun 2010 3.84 10.68 61 1.4 0.1
91.7 Nov 2005 2.44 Jun 2010 2.55 13.18 32 7.3 -0.1
242.7 Nov 2005 11.52 Jun 2011 11.52 9.00 78 2.1 0.4
122.0 Sep 2004 6.27 Jun 2010 6.20 8.77 100 6.3 0.5
321.1 Sep 2004 12.12 Dec 2010 11.43 9.70 59 3.3 1.1
184.5 Sep 2004 7.59 Dec 2010 6.98 9.28 100 6.6 0.4
440.4 Sep 2004 38.36 Jun 2011 38.36 8.25 72 1.5 1.4
51.1 Sep 2004 4.56 Jun 2011 4.56 8.25 87 4.2 0.3
177.3 Sep 2004 16.27 Jun 2010 13.69 8.93 68 2.0 0.9
103.5 Sep 2004 23.28 Jun 2010 21.32 7.54 100 2.3 1.8
115.7 Sep 2004 3.96 Jun 2010 3.54 8.55 100 2.5 0.1
1,274.8 Sep 2004 54.85 Dec 2010 51.31 7.52 88 3.4 3.5
54.9 Sep 2004 1.87 Dec 2010 2.42 8.71 -0.1
381.4 Sep 2004 9.89 Dec 2010 9.50 9.00 67 4.9 0.8
253.4 Sep 2004 8.45 Dec 2010 8.01 10.02 70 5.8 0.4
89.4 Sep 2004 5.60 Dec 2010 5.56 8.67 100 2.4 0.2
163.2 Sep 2004 5.35 Jun 2010 5.03 8.94 100 3.9 0.5
100.0 Sep 2004 3.85 Jun 2010 3.96 9.16 100 3.2 0.3
144.6 Sep 2004 5.67 Dec 2010 5.68 7.79 100 2.5 0.6
122.4 Sep 2004 4.31 Jun 2011 4.31 8.75 83 0.7 0.3
278.1 Sep 2004 7.98 Dec 2010 8.01 7.56 100 0.8 0.9
133.5 Aug 2007 8.64 Jun 2010 5.48 8.18 100 3.6 0.6
275.4 Nov 2007 8.10 Jun 2011 8.10 8.50 26 4.7 0.1
416.0 Aug 2007 14.99 Jun 2011 14.99 8.50 89 6.6 1.0
209.5 Jul 2007 12.73 Jun 2010 9.56 7.98 93 3.3 1.2
Jul 2007 0.43 Jun 2010 0.42
Jul 2007 0.41 Jun 2010 0.40
Jul 2007 0.33 Jun 2010 0.33
288.0 Aug 2007 12.86 Jun 2010 11.62 8.20 83 5.9 0.6
Jul 2007 0.96 Jun 2010 0.95
36.8 Jul 2007 1.18 Jun 2010 1.06 9.74
59.2 Jul 2007 2.19 Jun 2010 1.78 9.50 41 2.2 0.1
0.1
----- End of picture text -----

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 15

EUroPE

PortFoLio mAP

francE

PAriS

62,900sqm 18.1% port/area ¤23m value 18.1% portfolio 4 properties

Lyon

27,400sqm 7.9% port/area ¤6m value 4.4% portfolio 1 property

GErmany

eLLhoFen

67,400sqm 19.4% port/area ¤20m value 15.2% portfolio 3 properties

FrieDewALD

15,500sqm 4.5% port/area ¤3m value 2.6% portfolio 1 property

knetzGAu

21,400sqm 6.2% port/area ¤7m value 5.3% portfolio 1 property

LAnGenweDDinGen

24,700sqm 7.1% port/area ¤4m value 3.0% portfolio 1 property

unnA

26,800sqm 7.7% port/area ¤11m value 8.6% portfolio 1 property

wormS

11,800sqm 3.4% port/area ¤2m value 1.8% portfolio 1 property

DuiSburG

27,100sqm 7.8% port/area ¤20m value 15.1% portfolio 1 property

DüSSeLDorF

13,800sqm 4.0% port/area ¤14m value 11.0% portfolio 1 property

berLin

10,100sqm 2.9% port/area ¤8m value 6.0% portfolio 1 property

LAnGenFeLD

38,700sqm 11.1% port/area ¤11m value 8.8% portfolio 2 properties

liverpooler Straße, Kopenhagener Straße, osloer Straße, Friemersheim, Duisburg

16 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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----- Start of picture text -----

¤129 miLLion129 miLLion
GERMANY
Berlin
Duisburg Unna Langenweddingen
Düsseldorf
Friedewald
Langenfeld
Knetzgau
Worms
Ellhofen
Paris
FRANCE
----- End of picture text -----

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----- Start of picture text -----

18 inDUStriaL ProPErtiES 347,600 SQm totaL VaLUE ¤129 miLLion129 miLLion
----- End of picture text -----

17

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

EUroPE

SummAry oF ProPertieS

SummAry oF ProPertieS
Property address Location
metro area
Building type
industrial portfolio – france
21 rue du Chemin Blanc, 91160 Champlan2
Zone industrielle epône ii, 78680 epône
Servon 1, route Nationale 19 l’orme rond, 77170 Servon
Servon 2, route Nationale 19 l’orme rond, 77170 Servon
32 Avenue de l’océanie, 91140 Villejust
19 rue de Bretagne, 38070 Saint-Quentin Fallavier
Paris
Paris
Distribution Centre
Paris
Paris
Distribution Centre
Paris
Paris
Distribution Centre
Paris
Paris
Distribution Centre
Paris
Paris
Distribution Centre
lyon
lyon
Distribution Centre
industrial portfolio – Germany
im Holderbusch 3, Sulmstraße, ellhofen
Schillerstraße 51, ellhofen
Schillerstraße 42, 42a, Bahnhofstraße 44, 50, ellhofen
im Steinbruch 4, 6, Knetzgau
Bremer ring & Hansestraße, Wustermark, Berlin
im Gewerbegebiet 18, Friedewald
Niedesheimer Straße 24, Worms
Über der Dingelstelle, langenweddingen
liverpooler Straße, Kopenhagener Straße, osloer Straße,
Friemersheim, Duisburg
Theodorstraße, Düsseldorf
Carl-leverkus-Straße 3, 5, Winkelsweg 182-184, langenfeld
Schneiderstraße 82, langenfeld
Former Straße 6, Unna
Baden-Württemberg
ellhofen
Distribution Centre
Baden-Württemberg
ellhofen
Distribution Centre
Baden-Württemberg
ellhofen
Distribution Centre
Bayern
Knetzgau
Distribution Centre
Brandenburg
Berlin
Distribution Centre
Hessen
Friedewald
Distribution Centre
Hessen
Worms
Distribution Centre
Neidersachsen
langenweddingen
Distribution Centre
Nordrhein Westfalen
Duisburg
Distribution Centre
Nordrhein Westfalen
Düsseldorf
Distribution Centre
Nordrhein Westfalen
langenfeld
Distribution Centre
Nordrhein Westfalen
langenfeld
Distribution Centre
Nordrhein Westfalen
Unna
Distribution Centre

notES:

  1. All data is based on 30 June 2011 values including any future committed acquisitions or disposals and is represented in Australian dollars. Book value and valuation conversion rates as at 30 June 2011: AUD/USD 1.0709/1.0739, AUD/NZD 1.295, AUD/eUr 0.7405

  2. Asset sold during the period.

  3. New whole or partial acquisition in the period.

  4. Vacant land.

  5. Under construction. Net lettable area and percentage of ownership is on completion.

  6. Book values include Development properties held as investment property.

  7. All public car parking revenue is assumed to have an income expiry of 10 years.

  8. The book value column includes inventory that are held at the lower of cost or recoverable amount.

  9. Cap rate is the capitalisation rate at June 2011.

  10. The available % under lease expiry relates to vacant car spaces at 130 George Street, Parramatta.

  11. Property acquired after 30 June 2011 and not included in map data.

  12. No cap rates available for June 2011 Directors’ valuations.

18 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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----- Start of picture text -----

Lettable area acquisition Book value independent independent market/ Leased weighted aifrS noi
adjusted for date 30 Jun 2011 valuation date valuation Stabilised by area lease term 12 months to
ownership (a$m) [8] (a$m) cap rate (%) by income 30 Jun 2011
(‘000 sqm) (%) [9,13] (years) (a$m)
0.3
11.3 Jul 2006 7.30 Jun 2011 7.30 8.35 100 4.7 0.6
27.2 Jul 2006 9.50 Dec 2010 10.70 18 2.0 0
8.5 Jul 2006 4.50 Dec 2010 5.10 100 1.0 0.9
15.9 Jul 2006 10.40 Dec 2010 9.50 100 0.9 1.0
27.4 Jul 2006 7.70 Jun 2011 7.70 10.05 0 0.4
27.7 Jan 2007 12.60 Dec 2010 16.00 100 2.0 1.8
19.2 Jan 2007 8.70 Dec 2010 11.10 100 2.0 1.1
20.5 Jan 2007 5.10 Dec 2010 6.50 92 1.9 1.0
21.4 Jan 2007 9.30 Jun 2011 9.30 9.75 100 0.5 0.7
10.1 Jan 2007 10.50 Jun 2011 10.50 8.35 100 5.3 1.0
15.5 Jan 2007 4.40 Jun 2011 4.40 12.00 100 1.5 0.3
11.8 Jan 2007 3.20 Dec 2010 4.30 79 3.5 0.4
24.7 Jan 2007 5.30 Dec 2010 5.90 70 1.7 0.5
27.1 Jan 2007 26.30 Dec 2010 24.20 100 9.0 1.6
13.8 Jun 2007 19.20 Dec 2010 15.60 100 0.9 1.6
27.6 Jan 2007 9.40 Jun 2011 9.40 10.61 66 4.0 1.0
11.1 Jan 2007 5.80 Jun 2011 5.80 10.00 100 0.5 0.6
26.8 Jan 2007 14.90 Jun 2011 14.90 8.89 100 2.3 1.1
----- End of picture text -----

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 19

officE PortfoLio

aUStraLia anD nEw ZEaLanD

123 Albert Street, Brisbane, QlD

20 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Garema Court, 140-180 City Walk, Canberra

14 Moore Street, Canberra

The Zenith, 821 Pacific Highway, Chatswood

Garema Court is located on City Walk, Civic, in Canberra's CBD, close to Canberra's shopping precinct, bus interchange and major car parks.

The 14-level office tower comprises a ground floor level foyer, 13 upper levels of office accommodation and two levels of basement car parking. The property is located in the north-west quadrant of Civic, which is the main financial precinct in Canberra.

The Zenith is a twin-tower office complex, located in the Chatswood commercial precinct between the Pacific Highway and the North Shore railway line. The towers each have 21 levels of A-grade office accommodation with ground floor retail space, a 250 seat theatre and five levels of basement parking.

_ car parking. The property is located in the
north-west quadrant of Civic, which is the main
financial precinct in Canberra.
_		 Shore railway line. The towers each have 21
levels of A-grade office accommodation with
ground floor retail space, a 250 seat theatre
and five levels of basement parking.
_
Details Details Details
_ _ _
Metro area
Canberra CBD
__________		 Metro area
Canberra CBD
__________		 Metro area
Chatswood
__________
Building type
A Grade Office
__________		 Building type
B Grade Office
__________		 Building type
A Grade Office
__________
Title
Leasehold
__________		 Title
Leasehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
CZ1 Core Zone - City Centre Precinct
__________		 Zoning
Commercial A - Precinct b1
__________		 Co-owner
GPT Wholesale Office Fund
__________
Year built
1997
__________		 Year built
1986
__________		 Zoning
3(c2) - Business Commercial
__________
Site Area (hectares)
0.2
__________		 Site Area (hectares)
0.2
__________		 Year built
1987
__________
Lettable area ('000 m2)
11.5
__________		 Lettable area ('000 m2)
11.1
__________		 Site Area (hectares)
0.8
__________
Typical floor (m2)
1,625
__________		 Typical floor (m2)
870
__________		 Lettable area ('000 m2)
22.5
__________
Car parking
68
__________		 Car parking
63
__________		 Typical floor (m2)
1,050
__________
NABERS Energy rating
3		 NABERS Energy rating
3.5		 Car parking
799
(with Green Power)
__________		 (with Green Power)
__________		 __________
NABERS Energy rating
3.5
NABERS Energy rating
3		 NABERS Energy rating
3		 (with Green Power)
(without Green Power)
__________		 (without Green Power)
__________		 __________
NABERS Energy rating
2.5
Major tenant
Commonwealth of Australia (DEWR)
__________		 NABERS Water rating
2.5
__________		 (without Green Power)
__________
Acquisition date
Aug 2000		 Major tenant
Commonwealth of Australia		 NABERS Water rating
2
__________
Acquisition price plus additions: (AU $m)
$46.02		 (ATO/Comcare)
__________		 __________
Major tenant
State of NSW
__________
Book value: (AU $m)
$31.00		 Acquisition date
May 2002
__________		 __________
Acquisition date
Dec 1998
__________
Independent valuation date
Mar 2009		 Acquisition price plus additions: (AU $m)
$40.32
__________		 __________
Acquisition price plus additions: (AU $m)
$114.22
__________
Independent valuation: (AU $m)
$50.60		 Book value: (AU $m)
$33.00
__________		 __________
Book value: (AU $m)
$112.95
__________
Market cap rate (%)
9.00		 Independent valuation date
Jun 2010
__________		 __________
Independent valuation date
Jun 2010
__________
Initial yield (%)
13.00		 Independent valuation: (AU $m)
$37.00
__________		 __________
Independent valuation: (AU $m)
$107.50
__________
Discount rate (%)
9.75		 Market cap rate (%)
9.00
__________		 __________
Market cap rate (%)
8.25
__________
Leased by area (%)
97		 Initial yield (%)
12.52
__________		 __________
Initial yield (%)
9.29
__________
Weighted lease term by income: (year/s)
1.4		 Discount rate (%)
9.50
__________		 __________
Discount rate (%)
9.50
__________
Available (%)
4		 Leased by area (%)
100
__________		 __________
Leased by area (%)
99
__________
2012 (%)
88		 Weighted lease term by income: (year/s)
1.4
__________		 __________
Weighted lease term by income: (year/s)
4.1
__________
2013 (%)
0		 Available (%)
0
__________		 __________
Available (%)
1
__________
2014 (%)
3		 2012 (%)
11
__________		 __________
2012 (%)
10
__________
2015 (%)
0		 2013 (%)
88
__________		 __________
2013 (%)
19
__________
2016 (%)
0		 2014 (%)
0
__________		 __________
2014 (%)
17
__________
2017 (%)
0		 2015 (%)
0
__________		 __________
2015 (%)
17
__________
2018 (%)
1		 2016 (%)
0
__________		 __________
2016 (%)
6
__________
2019 (%)
4		 2017 (%)
0
__________		 __________
2017 (%)
3
__________
2020 (%)
0		 2018 (%)
0
__________		 __________
2018 (%)
13
__________
2021+ (%)
0		 2019 (%)
1
__________		 __________
2019 (%)
2
__________ 2020 (%)
0
__________		 __________
2020 (%)
0
2021+ (%)
0
__________		 ______
2021+ (%)
12
________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 21

officE PortfoLio australia

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11 Talavera Road, Macquarie Park

40-50 Talavera Road, Macquarie Park

144 Wicks Road, Macquarie Park

Located in the Macquarie Park corridor approximately 10 kilometres north of the Sydney CBD, the office park consists of 3 modern office buildings, with two street frontages. The complex is also serviced by a childcare centre, gym and sporting facilities.

Details

40-50 Talavera Road is a three-level office/ warehouse building, with approximately 50% office, upgraded in 2007. The property on the corner of Talavera and Khartoum Roads in Macquarie Park. It has four different access points, which provides further flexibility for individual tenancies.

Details

This 5.9ha development site is located in Macquarie Park surrounded by Epping Road, Wicks Road and Waterloo Road. Master planning of the site is in place for a campus style office park with DA approvals in place for the road network and the first stage office building of approx. 27,000sqm.

Details

childcare centre, gym and sporting facilities.

Details
 points, which provides further flexibility for
individual tenancies.

Details
 the road network and the first stage office
building of approx. 27,000sqm.

Details
Metro area
Macquarie Park
__________		 Metro area
Macquarie Park
__________		 Metro area
Macquarie Park
__________
Building type
Office Park
__________		 Building type
Business Park
__________		 Building type
Land
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
B7 Business Park & B3 Commercial Core
__________		 Zoning
B7 Business Park
__________		 Co-owner
DWPF
__________
Year built
2000
__________		 Year built
1974
__________		 Zoning
B7 Business Park & B3 Commercial Core
__________
Site Area (hectares)
3.6
__________		 Site Area (hectares)
2.5
__________		 Site Area (hectares)
5.9
__________
Lettable area ('000 m2)
36.3
__________		 Lettable area ('000 m2)
13.1
__________		 Car parking
0
__________
Car parking
1,030
__________		 Car parking
314
__________		 Acquisition date
Nov 2006
__________
NABERS Energy rating
3.5		 NABERS Energy rating
2		 Acquisition price plus additions: (AU $m)
$38.22
(with Green Power)
__________		 (with Green Power)
__________		 __________
Book value: (AU $m)
$18.00
NABERS Energy rating
(without Green Power)
3.5		 NABERS Energy rating
(without Green Power)
2		 ______
Independent valuation date
Jun 2011
________
__________
NABERS Water rating
4		 __________
NABERS Water rating
2		 Independent valuation: (AU $m)
$18.00
__________
______
Major tenant
George Weston Foods
________		 ______
Major tenant
BAE Systems Australia
________		 Available (%)
0
__________
Acquisition date
Jun 2002
__________		 Acquisition date
Oct 2002
__________
Acquisition price plus additions: (AU $m)
$146.79
__________		 Acquisition price plus additions: (AU $m)
$34.85
__________
Book value: (AU $m)
$141.00
__________		 Book value: (AU $m)
$27.98
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2009
__________
Independent valuation: (AU $m)
$127.00
__________		 Independent valuation: (AU $m)
$29.20
__________
Market cap rate (%)
8.00
__________		 Market cap rate (%)
9.25
__________
Initial yield (%)
7.44
__________		 Initial yield (%)
7.56
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
89
__________		 Leased by area (%)
87
__________
Weighted lease term by income: (year/s)
5.4
__________		 Weighted lease term by income: (year/s)
3.9
__________
Available (%)
12
__________		 Available (%)
19
__________
2012 (%)
4
__________		 2012 (%)
0
__________
2013 (%)
8
__________		 2013 (%)
0
__________
2014 (%)
18
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
51
__________
2016 (%)
16
__________		 2016 (%)
19
__________
2017 (%)
18
__________		 2017 (%)
10
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
3
__________		 2020 (%)
0
__________
2021+ (%)
21
__________		 2021+ (%)
1
__________

22 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Victoria Cross, 60 Miller Street, North Sydney

130 George Street, Parramatta

105 Phillip Street, Parramatta

The building comprises 12 levels of office accommodation, ground and upper ground retail and three levels of basement parking for 180 vehicles. A five storey adjoining annex was completed in 2009. Victoria Cross is located in a prominent position within the North Sydney CBD.

Details

A 16-level 19,900sqm office tower has dual frontage and access to George and Phillip Streets. Plans are currently underway to develop an office tower at the rear of this site and adjoining to 130 George Street with a central courtyard/atrium and upgrading the building to A-grade.

Details

105 Phillip Street is a planned development designed to provide 19,730sqm of A-grade office space, an additional 658sqm of ground floor space and integrate with our adjacent property 130 George Street. Combined they will provide 40,000sqm of office space with a central courtyard and cafe.

Details

a prominent position within the North Sydney
CBD.

Details
 central courtyard/atrium and upgrading the
building to A-grade.

Details
 will provide 40,000sqm of office space with a
central courtyard and cafe.

Details
 will provide 40,000sqm of office space with a
central courtyard and cafe.

Details
 will provide 40,000sqm of office space with a
central courtyard and cafe.

Details
Metro area
North Sydney
__________		 Metro area
Parramatta CBD
__________		 Metro area
Parramatta CBD
__________
Building type
A Grade Office
__________		 Building type
B Grade Office
__________		 Building type
Land
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Commercial (3a)
__________		 Zoning
City Core
__________		 Zoning
City Core
__________
Year built
1987
__________		 Year built
1984
__________		 Site Area (hectares)
0
__________
Site Area (hectares)
0.4
__________		 Site Area (hectares)
1
__________		 Car parking
0
__________
Lettable area ('000 m2)
19.3
__________		 Lettable area ('000 m2)
19.9
__________		 Acquisition date
May 1997
__________
Typical floor (m2)
1,150
__________		 Typical floor (m2)
1,440
__________		 Acquisition price plus additions: (AU $m)
$21.12
__________
Car parking
180
__________		 Car parking
359
__________		 Book value: (AU $m)
$8.00
__________
NABERS Energy rating
3		 NABERS Energy rating
Exempt		 Independent valuation date Dec 2010
(with Green Power)
__________		 (with Green Power)
__________		 __________
Independent valuation: (AU $m)
$8.00
NABERS Energy rating
2.5		 NABERS Energy rating
Exempt		 __________
(without Green Power)
__________		 (without Green Power)
__________
NABERS Water rating
3.5
__________		 NABERS Water rating
3
__________
Major tenant
Carnival
__________		 Major tenant
Commonwealth of Australia
__________
Acquisition date
Dec 1998
__________		 Acquisition date
May 1997
__________
Acquisition price plus additions: (AU $m)
$122.47
__________		 Acquisition price plus additions: (AU $m)
$84.61
__________
Book value: (AU $m)
$135.00
__________		 Book value: (AU $m)
$79.46
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________
Independent valuation: (AU $m)
$135.00
__________		 Independent valuation: (AU $m)
$77.00
__________
Market cap rate (%)
7.50
__________		 Market cap rate (%)
8.38
__________
Initial yield (%)
7.12
__________		 Initial yield (%)
7.47
__________
Discount rate (%)
9.25
__________		 Discount rate (%)
9.75
__________
Leased by area (%)
96
__________		 Leased by area (%)
97
__________
Weighted lease term by income: (year/s)
5.6
__________		 Weighted lease term by income: (year/s)
4.5
__________
Available (%)
4
__________		 Available (%)
9
__________
2012 (%)
1
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
1
__________
2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
34
__________		 2015 (%)
20
__________
2016 (%)
20
__________		 2016 (%)
57
__________
2017 (%)
1
__________		 2017 (%)
0
__________
2018 (%)
29
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
13
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
11
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 23

officE PortfoLio australia

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1 Bligh Street, Sydney

45 Clarence Street, Sydney

201-217 Elizabeth Street, Sydney

1 Bligh Street is a premium grade high-rise offering 27 levels of office accommodation and features a double-skin, glass facade with a naturally ventilated full height atrium. Amenities include a cafe, childcare centre, shower facilities, bicycle racks and parking for 91 cars.

Details

A modern A-grade office building located in the western corridor of the Sydney CBD. This high rise building includes 28 levels of office accommodation and five levels of basement parking. Major upgrade works to the upper levels, lobby and lifts were completed in 2005.

Details

201 Elizabeth Street is a prominent A-grade, 42-level tower comprising 34 levels of office space, lower ground floor retail and on-site security. The office space is column-free and has floor to ceiling windows that provide abundant natural light and extensive views of Sydney Harbour and Hyde Park.

Details

shower facilities, bicycle racks and parking for
91 cars.

Details
 levels, lobby and lifts were completed in 2005.

Details
 abundant natural light and extensive views of
Sydney Harbour and Hyde Park.

Details
Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________
Building type
Premium Grade Office
__________		 Building type
A Grade Office
__________		 Building type
A Grade Office
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Co-owner
DWPF & Cbus
__________		 Zoning
City Centre
__________		 Co-owner
Perron Investments
__________
Zoning
City Centre
__________		 Year built
1990
__________		 Zoning
City Centre
__________
Year built
2011
__________		 Site Area (hectares)
0.4
__________		 Year built
1979
__________
Site Area (hectares)
0.3
__________		 Lettable area ('000 m2)
32.2
__________		 Site Area (hectares)
0.4
__________
Lettable area ('000 m2)
14.4
__________		 Typical floor (m2)
1,250
__________		 Lettable area ('000 m2)
19.4
__________
Typical floor (m2)
1,600
__________		 Car parking
162
__________		 Typical floor (m2)
1,085
__________
Car parking
91		 NABERS Energy rating
3.5		 Car parking
175
__________
Green Star rating
6		 (with Green Power)
__________		 __________
NABERS Energy rating
2.5
______
Major tenant
Clayton UTZ
_____
Acquisition date
Aug 2000
_______		 NABERS Energy rating
(without Green Power)
3
__________
NABERS Water rating
3		 (with Green Power)
__________
NABERS Energy rating
(without Green Power)
2
Acquisition price plus additions: (AU $m)
$199.80
__________		 __________
Major tenant
Lloyds International		 __________
NABERS Water rating
3.5
Book value: (AU $m)
$209.67
__________		 __________
Acquisition date
Dec 1998		 __________
Major tenant
Phillips Fox
Independent valuation date
Jun 2011
__________		 __________
Acquisition price plus additions: (AU $m)
$231.12		 __________
Acquisition date
Aug 2000
Independent valuation: (AU $m)
$209.67
__________		 __________
Book value: (AU $m)
$247.50		 __________
Acquisition price plus additions: (AU $m)
$124.53
Market cap rate (%)
6.50
__________		 __________
Independent valuation date
Jun 2011		 __________
Book value: (AU $m)
$144.00
Initial yield (%)
3.20
__________		 __________
Independent valuation: (AU $m)
$247.50		 __________
Independent valuation date
Jun 2011
Discount rate (%)
9.00
__________		 __________
Market cap rate (%)
7.13		 __________
Independent valuation: (AU $m)
$144.00
Leased by area (%)
56
__________		 __________
Initial yield (%)
7.56		 __________
Market cap rate (%)
7.38
Weighted lease term by income: (year/s)
9.9
__________		 __________
Discount rate (%)
9.00		 __________
Initial yield (%)
7.34
Available (%)
51
__________		 __________
Leased by area (%)
96		 __________
Discount rate (%)
9.13
2012 (%)
0
__________		 __________
Weighted lease term by income: (year/s)
2.7		 __________
Leased by area (%)
100
2013 (%)
0
__________		 __________
Available (%)
4		 __________
Weighted lease term by income: (year/s)
3.5
2014 (%)
0
__________		 __________
2012 (%)
19		 __________
Available (%)
0
2015 (%)
0
__________		 __________
2013 (%)
37		 __________
2012 (%)
2
2016 (%)
0
__________		 __________
2014 (%)
8		 __________
2013 (%)
26
2017 (%)
0
__________		 __________
2015 (%)
8		 __________
2014 (%)
4
2018 (%)
0
__________		 __________
2016 (%)
13		 __________
2015 (%)
37
2019 (%)
0
__________		 __________
2017 (%)
11		 __________
2016 (%)
18
2020 (%)
0
__________		 __________
2018 (%)
0		 __________
2017 (%)
1
2021+ (%)
49
__________		 ______
2019 (%)
0
________		 ______
2018 (%)
5
________
2020 (%)
0
__________		 2019 (%)
7
__________
2021+ (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________

24 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Governor Phillip & Macquarie Tower Complex,1 Farrer Place, Sydney

Governor Phillip and Macquarie complex is among Sydney's leading premium grade office buildings. The complex includes 64 levels of premium office space in GPT and 42 levels in GMT, the Phillip Street Terraces (five restored historic terraces) and nine levels of basement parking for 654 cars.

Details

Australia Square Complex, 264278 George Street, Sydney

One of Sydney's prime office properties, designed by Australian architect Harry Seidler, Australia Square is situated in the heart of Sydney's CBD. The complex comprises a 48level circular Tower and the smaller 13-level Plaza building and an adjoining external courtyard.

Details

30 The Bond, 30-34 Hickson Road, Sydney

This contemporary office building was the first in Australia to achieve a 5-star Australian Building Greenhouse Rating. The building provides over 19,700sqm of office space, basement parking for 113 cars and features chilled beam air-conditioning, an Australian first in 2004.

Details

historic terraces) and nine levels of basement
parking for 654 cars.

Details
 Plaza building and an adjoining external
courtyard.

Details
 chilled beam air-conditioning, an Australian
first in 2004.

Details
Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________
Building type
Premium Grade Office
__________		 Building type
A Grade Office
__________		 Building type
A Grade Office
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Co-owner
General Property Trust & Australian		 Co-owner
General Property Trust		 Zoning
City Centre
Prime Property Fund
__________		 __________
Zoning
City Centre		 __________
Year built
2004
Zoning
City Centre
__________		 __________
Year built
1964		 __________
Site Area (hectares)
0.4
Year built
1993
__________		 __________
Site Area (hectares)
0.6		 __________
Lettable area ('000 m2)
19.7
Site Area (hectares)
0.6
______
Lettable area ('000 m2)
43.6
_____
Typical floor (m2)
1,460
_______		 ______
Lettable area ('000 m2)
26.3
_____
Typical floor (m2)
1,020
_______
Car parking
400		 ______
Typical floor (m2)
2,000
_____
Car parking
113
_______
NABERS Energy rating
5
Car parking
654
__________		 __________
NABERS Energy rating
Tower - 5.0 Plaza - 5.0		 (with Green Power)
__________
NABERS Energy rating
GPT - 4.0 GMT - 4.5		 (with Green Power) NABERS Energy rating
4.5
(with Green Power)
__________		 __________
NABERS Energy rating
Tower - 4.0 Plaza - 4.5		 (without Green Power)
__________
NABERS Energy rating
GPT - 3.0 GMT - 3.5		 (without Green Power) NABERS Water rating
2.5
(without Green Power)
__________		 __________
NABERS Water rating
Tower - 3.5 Plaza - 4.0		 __________
Green Star rating
5
NABERS Water rating
GPT - 3.0 GMT - 4.0
__________		 __________
Major tenant
Origin Energy Limited		 __________
Major tenant
Lend Lease
Major tenant
State of NSW
__________		 __________
Acquisition date
Aug 2000		 __________
Acquisition date
May 2002
Acquisition date
Dec 1998
__________		 __________
Acquisition price plus additions: (AU $m)
$215.36		 __________
Acquisition price plus additions: (AU $m)
$117.56
Acquisition price plus additions: (AU $m)
$497.98
__________		 __________
Book value: (AU $m)
$271.46		 __________
Book value: (AU $m)
$145.46
Book value: (AU $m)
$645.44
__________		 __________
Independent valuation date
Dec 2009		 __________
Independent valuation date
Dec 2010
Independent valuation date
Dec 2010
__________		 __________
Independent valuation: (AU $m)
$264.25		 __________
Independent valuation: (AU $m)
$145.00
Independent valuation: (AU $m)
$643.00
__________		 __________
Market cap rate (%)
7.04		 __________
Market cap rate (%)
7.13
Market cap rate (%)
6.45
__________		 __________
Initial yield (%)
6.83		 __________
Initial yield (%)
7.82
Initial yield (%)
6.34
__________		 __________
Discount rate (%)
9.00		 __________
Discount rate (%)
9.00
Discount rate (%)
8.63
__________		 __________
Leased by area (%)
95		 __________
Leased by area (%)
100
Leased by area (%)
99
__________		 __________
Weighted lease term by income: (year/s)
4.1		 __________
Weighted lease term by income: (year/s)
3
Weighted lease term by income: (year/s)
4.8
__________		 __________
Available (%)
5		 __________
Available (%)
0
Available (%)
1
__________		 __________
2012 (%)
9		 __________
2012 (%)
0
2012 (%)
4
__________		 __________
2013 (%)
19		 __________
2013 (%)
0
2013 (%)
6
__________		 __________
2014 (%)
11		 __________
2014 (%)
90
2014 (%)
13
__________		 __________
2015 (%)
20		 __________
2015 (%)
0
2015 (%)
19
__________		 __________
2016 (%)
10		 __________
2016 (%)
0
2016 (%)
15
__________		 __________
2017 (%)
5		 __________
2017 (%)
10
2017 (%)
24
__________		 __________
2018 (%)
4		 __________
2018 (%)
0
2018 (%)
3
__________		 __________
2019 (%)
3		 __________
2019 (%)
0
2019 (%)
0
__________		 __________
2020 (%)
2		 __________
2020 (%)
0
2020 (%)
0
__________		 __________
2021+ (%)
12		 __________
2021+ (%)
0
2021+ (%)
15
__________		 __________ __________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 25

officE PortfoLio australia

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309-321 Kent Street, Sydney

383-395 Kent Street, Sydney

One Margaret Street, Sydney

The two-office tower complex is located in the western corridor of the Sydney CBD. The complex comprises 36 levels of office accommodation, with 19 levels in 321 Kent Street and 17 levels in Lumley House, a ground level retail plaza and five levels of basement parking.

Details

A 14-level A-Grade office tower which was completed in May 2002. The tower was constructed above the car park. 383 Kent Street is located in the western corridor of Sydney and has dual frontage to Kent and Sussex Streets.

Details

One Margaret Street is located in the western corridor of the Sydney CBD overlooking Darling Harbour. The building includes 18 levels of A- grade office accommodation and three levels of car parking for 103 vehicles. The building was completely refurbished in 2002.

Details

ground level retail plaza and five levels of
basement parking.

Details
 Sussex Streets.

Details
 was completely refurbished in 2002.

Details
Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________		 Metro area
Sydney CBD
__________
Building type
A Grade Office
__________		 Building type
A Grade Office
__________		 Building type
A Grade Office
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Co-owner
AMP
__________		 Zoning
City Centre
__________		 Zoning
City Centre
__________
Zoning
City Centre
__________		 Year built
2002
__________		 Year built
1984
__________
Year built
1976
__________		 Site Area (hectares)
0.4
__________		 Site Area (hectares)
0.2
__________
Site Area (hectares)
0.6
__________		 Lettable area ('000 m2)
18.1
__________		 Lettable area ('000 m2)
20.8
__________
Lettable area ('000 m2)
23.5
__________		 Typical floor (m2)
1,577
__________		 Typical floor (m2)
1,000
__________
Typical floor (m2)
1,060
__________		 Car parking
55
__________		 Car parking
103
__________
Car parking
497		 NABERS Energy rating
4		 NABERS Energy rating
3.5
__________
NABERS Energy rating
309 - 4.0 321 - 4.0		 (with Green Power)
__________		 (with Green Power)
__________
(with Green Power) NABERS Energy rating
3.5		 NABERS Energy rating
3
__________
NABERS Energy rating
309 - 3.5 321 - 3.5		 (without Green Power)
__________		 (without Green Power)
__________
(without Green Power)
__________		 NABERS Water rating
3.5
__________		 NABERS Water rating
2
__________
NABERS Water rating
309 - 3.5 321 - 3.5
__________		 Major tenant
Grant Thornton
__________		 Major tenant
PKF Services
__________
Major tenant
Promina/Asteron Limited
__________		 Acquisition date
Sep 1987
__________		 Acquisition date
Dec 1998
__________
Acquisition date
Dec 1998
__________		 Acquisition price plus additions: (AU $m)
$112.83
__________		 Acquisition price plus additions: (AU $m)
$141.60
__________
Acquisition price plus additions: (AU $m)
$174.74
__________		 Book value: (AU $m)
$127.22
__________		 Book value: (AU $m)
$170.86
__________
Book value: (AU $m)
$184.31
__________		 Independent valuation date
Jun 2010
__________		 Independent valuation date
Dec 2009
__________
Independent valuation date
Dec 2010
__________		 Independent valuation: (AU $m)
$122.00
__________		 Independent valuation: (AU $m)
$162.50
__________
Independent valuation: (AU $m)
$182.50
__________		 Market cap rate (%)
7.38
__________		 Market cap rate (%)
7.13
__________
Market cap rate (%)
7.24
__________		 Initial yield (%)
7.97
__________		 Initial yield (%)
7.65
__________
Initial yield (%)
7.89
__________		 Discount rate (%)
9.00
__________		 Discount rate (%)
9.00
__________
Discount rate (%)
9.04
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Leased by area (%)
100
__________		 Weighted lease term by income: (year/s)
4.2
__________		 Weighted lease term by income: (year/s)
3.3
__________
Weighted lease term by income: (year/s)
4.7
__________		 Available (%)
1
__________		 Available (%)
0
__________
Available (%)
1
__________		 2012 (%)
1
__________		 2012 (%)
0
__________
2012 (%)
2
__________		 2013 (%)
28
__________		 2013 (%)
24
__________
2013 (%)
21
__________		 2014 (%)
5
__________		 2014 (%)
25
__________
2014 (%)
0
__________		 2015 (%)
18
__________		 2015 (%)
3
__________
2015 (%)
8
__________		 2016 (%)
28
__________		 2016 (%)
38
__________
2016 (%)
29
__________		 2017 (%)
1
__________		 2017 (%)
10
__________
2017 (%)
23
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2018 (%)
4
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2019 (%)
0
__________		 2020 (%)
18
__________		 2020 (%)
0
__________
2020 (%)
1
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________
2021+ (%)
11
__________

26 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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44 Market Street, Sydney

A 26-level freestanding office tower. The building is A-Grade following a substantial upgrade in 1996. It is located along the western corridor of the Sydney CBD at the corner of Market, York and Clarence Streets.

123 Albert Street, Brisbane

A 38,991sqm A-grade 6 Star Green Star rated office tower, designed to achieve a 5 star Australian Building Greenhouse Rating. The tower comprises 23 levels of office space, an eight level car park and expansive ground floor.

Flinders Gate Complex, 172 Flinders Street and189 Flinders Lane, Melbourne

The Flinders Gate Complex comprises two small boutique office buildings totalling 8,800sqm. The buildings are located close to Flinders Street Station, Swanston Street and, in the case of 172 Flinders Street, opposite Federation Square.

Details

Details

Details


Details
Details
Details
Metro area
Sydney CBD
__________		 Metro area
Brisbane CBD
__________		 Metro area
Melbourne CBD
__________
Building type
A Grade Office
__________		 Building type
Premium Grade Office
__________		 Building type
B Grade Office
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
City Centre
__________		 Zoning
Multi Purpose Centre - MPI - City Centre
__________		 Zoning
Capital City Zone (CCZ1)
__________
Year built
1978
__________		 Year built
2011
__________		 Year built
1920
__________
Site Area (hectares)
0.3
__________		 Site Area (hectares)
0.4
__________		 Site Area (hectares)
0.4
__________
Lettable area ('000 m2)
30.2
__________		 Lettable area ('000 m2)
38.8
__________		 Lettable area ('000 m2)
8.8
__________
Typical floor (m2)
1,000
__________		 Car parking
388
__________		 Typical floor (m2)
650
__________
Car parking
138
__________		 Green Star rating
6
__________		 Car parking
0
__________
NABERS Energy rating
2.5		 Major tenant
Rio Tinto		 NABERS Energy rating
179 - 2.5 189 - 2.5
(with Green Power)
__________		 __________
Acquisition date
Oct 1984		 (with Green Power)
__________
NABERS Energy rating
(without Green Power)
2		 ______
Acquisition price plus additions: (AU $m)
$346.48
________		 NABERS Energy rating
(without Green Power)
179 - 2.0 189 - 2.5
__________
NABERS Water rating
2.5		 Book value: (AU $m)
$359.01
__________		 __________
NABERS Water rating
179 - 3.5 189 - 0.0
__________
Major tenant
Commonwealth of Australia		 Independent valuation date
Dec 2010
__________		 __________
Major tenant
State of Victoria
__________
Acquisition date
Sep 1987		 Independent valuation: (AU $m)
$317.50
__________		 __________
Acquisition date
Mar 1999
__________
Acquisition price plus additions: (AU $m)
$189.32		 Market cap rate (%)
7.00
__________		 __________
Acquisition price plus additions: (AU $m)
$18.37
__________
Book value: (AU $m)
$207.00		 Discount rate (%)
9.00
__________		 __________
Book value: (AU $m)
$28.50
__________
Independent valuation date
Jun 2010		 Leased by area (%)
90
__________		 __________
Independent valuation date
Jun 2011
__________
Independent valuation: (AU $m)
$192.70		 Weighted lease term by income: (year/s)
10.1
__________		 __________
Independent valuation: (AU $m)
$28.50
__________
Market cap rate (%)
7.25		 Available (%)
9
__________		 __________
Market cap rate (%)
8.00
__________
Initial yield (%)
7.76		 2012 (%)
0
__________		 __________
Initial yield (%)
7.37
__________
Discount rate (%)
9.00		 2013 (%)
0
__________		 __________
Discount rate (%)
9.25
__________
Leased by area (%)
97		 2014 (%)
0
__________		 __________
Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
5.7		 2015 (%)
0
__________		 __________
Weighted lease term by income: (year/s)
2
__________
Available (%)
4		 2016 (%)
0
__________		 __________
Available (%)
0
__________
2012 (%)
3		 2017 (%)
0
__________		 __________
2012 (%)
19
__________
2013 (%)
12		 2018 (%)
0
__________		 __________
2013 (%)
35
__________
2014 (%)
10		 2019 (%)
1
__________		 __________
2014 (%)
24
__________
2015 (%)
12		 2020 (%)
0
__________		 __________
2015 (%)
14
______
2016 (%)
5
________		 2021+ (%)
90
__________		 ______
2016 (%)
8
________
2017 (%)
10
__________		 2017 (%)
0
__________
2018 (%)
13
__________		 2018 (%)
0
__________
2019 (%)
4
__________		 2019 (%)
0
__________
2020 (%)
3
__________		 2020 (%)
0
__________
2021+ (%)
24
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 27

officE PortfoLio australia

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8 Nicholson Street, Melbourne

Southgate Complex, 3 Southgate Avenue, Southbank

Woodside Plaza, 240 St Georges Terrace, Perth

A freestanding 18-level office tower with three levels of basement parking. It is located on the eastern edge of the Melbourne CBD close to Parliament Station. The property is located in a State/Federal Government precinct.

Details

The Southgate Complex is a landmark office and retail property, located on the Yarra River in the Southbank arts and leisure precinct of Melbourne. The complex comprises two highquality office towers, HWT Tower and IBM Centre, a three level retail plaza and two levels of underground car parking.

Details

Woodside Plaza is one of Perth's four premium grade office buildings, located in along the northern side of St Georges Terrace. The building comprises over 47,000sqm of office space over 24 levels, a ground floor retail arcade and basement parking for 247 cars.

Details


Details
 Centre, a three level retail plaza and two levels
of underground car parking.

Details
 arcade and basement parking for 247 cars.

Details
Metro area
Melbourne CBD
__________		 Metro area
Melbourne CBD
__________		 Metro area
Perth CBD
__________
Building type
A Grade Office
__________		 Building type
A Grade Office
__________		 Building type
Premium Grade Office
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Business 2 Zone 1 (B2Z)
__________		 Zoning
Capital City Zone (CCZ1)
__________		 Zoning
Central City Area - St Georges
__________
Year built
1991
__________		 Year built
1992
__________		 Year built
2003
__________
Site Area (hectares)
0.3
__________		 Site Area (hectares)
2.1
__________		 Site Area (hectares)
0.6
__________
Lettable area ('000 m2)
23.5
__________		 Lettable area ('000 m2)
76.6
__________		 Lettable area ('000 m2)
47.3
__________
Typical floor (m2)
1,650
__________		 Typical floor (m2)
1,250
__________		 Typical floor (m2)
2,000
__________
Car parking
91
__________		 Car parking
1,041
__________		 Car parking
247
__________
NABERS Energy rating
3		 NABERS Energy rating
IBM - 4.0 HWT - 3.5		 NABERS Energy rating
2
(with Green Power)
__________		 (with Green Power)
__________		 (with Green Power)
__________
NABERS Energy rating
3		 NABERS Energy rating
IBM - 3.5 HWT - 3.5		 NABERS Energy rating
1.5
(without Green Power)
__________		 (without Green Power)
__________		 (without Green Power)
__________
NABERS Water rating
4.5
__________		 NABERS Water rating
IBM - 3.0 HWT - 3.0
__________		 NABERS Water rating
3
__________
Major tenant
State of Victoria
__________		 Major tenant
IBM Australia Limited
__________		 Major tenant
Woodside Energy
__________
Acquisition date
Nov 1993
__________		 Acquisition date
Aug 2000
__________		 Acquisition date
Jan 2001
__________
Acquisition price plus additions: (AU $m)
$70.51
__________		 Acquisition price plus additions: (AU $m)
$402.17
__________		 Acquisition price plus additions: (AU $m)
$240.59
__________
Book value: (AU $m)
$80.16
__________		 Book value: (AU $m)
$385.00
__________		 Book value: (AU $m)
$441.00
__________
Independent valuation date
Jun 2009
__________		 Independent valuation date
Jun 2009
__________		 Independent valuation date
Jun 2010
__________
Independent valuation: (AU $m)
$85.00
__________		 Independent valuation: (AU $m)
$340.00
__________		 Independent valuation: (AU $m)
$425.00
__________
Market cap rate (%)
8.00
__________		 Market cap rate (%)
7.75
__________		 Market cap rate (%)
7.75
__________
Initial yield (%)
10.53
__________		 Initial yield (%)
8.79
__________		 Initial yield (%)
7.19
__________
Discount rate (%)
9.75
__________		 Discount rate (%)
9.30
__________		 Discount rate (%)
9.25
__________
Leased by area (%)
100
__________		 Leased by area (%)
98
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
2
__________		 Weighted lease term by income: (year/s)
5.7
__________		 Weighted lease term by income: (year/s)
6.2
__________
Available (%)
0
__________		 Available (%)
1
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
4
__________		 2012 (%)
0
__________
2013 (%)
100
__________		 2013 (%)
3
__________		 2013 (%)
2
__________
2014 (%)
0
__________		 2014 (%)
7
__________		 2014 (%)
17
__________
2015 (%)
0
__________		 2015 (%)
3
__________		 2015 (%)
9
__________
2016 (%)
0
__________		 2016 (%)
37
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
7
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
3
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
19
__________		 2019 (%)
72
__________
2020 (%)
0
__________		 2020 (%)
1
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
15
__________		 2021+ (%)
0
__________

28 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Lumley Centre, 88 Shortland Street, Auckland

A premium grade office tower located within the Auckland CBD which was completed in October 2005. The tower is fully tenanted to major legal and insurance companies.

Details

Metro area
Auckland CBD
__________
Building type
Premium Grade Office
__________
Title
Freehold
__________
Ownership
DXS
__________
Zoning
Central Area District - Strategic Management
Area 1
__________
Year built
2005
__________
Site Area (hectares)
0.5
__________
Lettable area ('000 m2)
19.6
__________
Typical floor (m2)
1,315
__________
Car parking
194
__________
Major tenant
Simpson Grierson
__________
Acquisition date
Sep 2005
__________
Acquisition price plus additions: (NZ $m)
$113.32
__________
Book value: (NZ $m)
$123.00
__________
Independent valuation date
Jun 2010
__________
Independent valuation: (NZ $m)
$128.50
__________
Market cap rate (%)
8.50
__________
Initial yield (%)
8.63
__________
Discount rate (%)
9.75
__________
Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
4.8
__________
Available (%)
0
__________
2012 (%)
1
__________
2013 (%)
0
__________
2014 (%)
0
__________
2015 (%)
29
__________
2016 (%)
26
__________
2017 (%)
0
__________
2018 (%)
44
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 29

car Park PortfoLio

aUStraLia

==> picture [158 x 157] intentionally omitted <==

383-395 Kent Street, Sydney

A 785 bay car park below an 18,000sqm office tower located along the western corridor of the Sydney CBD and has dual street frontage with Kent and Sussex Streets.

Details
_
Metro area
Sydney CBD
__________
Building type
Carpark
__________
Title
Freehold
__________
Ownership
DXS
__________
Zoning
City Centre
__________
Year built
1977
__________
Site Area (hectares)
0
__________
Lettable area ('000 m2)
-
__________
Car parking
785
__________
Major tenant
S&K Parking
__________
Acquisition date
Sep 1987
__________
Acquisition price plus additions: (AU $m)
$30.75
__________
Book value: (AU $m)
$60.00
__________
Independent valuation date
Jun 2010
__________
Independent valuation: (AU $m)
$60.00
__________
Market cap rate (%)
7.75
__________
Initial yield (%)
7.67
__________
Discount rate (%)
9.13
__________
Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
10
__________
Available (%)
0
__________
2012 (%)
0
__________
2013 (%)
0
__________
2014 (%)
0
__________
2015 (%)
0
__________
2016 (%)
0
__________
2017 (%)
0
__________
2018 (%)
0
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
100
__________

==> picture [181 x 7] intentionally omitted <==

----- Start of picture text -----

Flinders Gate Complex, 172 Flinders Street, Melbourne, ViC
----- End of picture text -----

30 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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32-44 Flinders Street, Melbourne

Flinders Gate Complex, 172 Flinders Street, Melbourne

34-60 Little Collins Street, Melbourne

A 10 level, 539 bay car park built in 1998. It services residential and office patrons, as well as entertainment, including the MCG, Melbourne Park and Federation Square. It has dual access to Flinders Street and Flinders Lane.

Details

A 1,071 bay car park attached to two small office buildings located centrally in the Melbourne CBD diagonally opposite Flinders Street Railway Station and directly opposite Federation Square. It has dual access to Flinders Street and Flinders Lane.

Details

A 942 bay freestanding car park, with a cafe and rental car outlet on the ground floor. Located in the eastern corridor of the Melbourne CBD it provides convenient access to Melbourne's premium office and entertainment precincts. It has dual access to Bourke Street and Little Collins Street.

Details

Lane.

Details
 Flinders Street and Flinders Lane.

Details
 entertainment precincts. It has dual access to
Bourke Street and Little Collins Street.

Details
Metro area
Melbourne CBD
__________		 Metro area
Melbourne CBD
__________		 Metro area
Melbourne CBD
__________
Building type
Carpark
__________		 Building type
Carpark
__________		 Building type
Carpark
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Leasehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Capital City Zone 1
__________		 Zoning
Capital City Zone 1
__________		 Zoning
Capital City Zone
__________
Year built
1998
__________		 Year built
1998
__________		 Year built
1965
__________
Car parking
539
__________		 Car parking
1,071
__________		 Site Area (hectares)
0
__________
Major tenant
S&K Parking
__________		 Major tenant
S&K Parking
__________		 Lettable area ('000 m2)
0.3
__________
Acquisition date
Jun 1998
__________		 Acquisition date
Mar 1999
__________		 Car parking
942
__________
Acquisition price plus additions: (AU $m)
$21.77
__________		 Acquisition price plus additions: (AU $m)
$47.79
__________		 Major tenant
S&K Parking
__________
Book value: (AU $m)
$29.50
__________		 Book value: (AU $m)
$54.00
__________		 Acquisition date
Nov 1984
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2011
__________		 Acquisition price plus additions: (AU $m)
$17.17
__________
Independent valuation: (AU $m)
$29.50
__________		 Independent valuation: (AU $m)
$54.00
__________		 Book value: (AU $m)
$39.20
__________
Market cap rate (%)
8.00
__________		 Market cap rate (%)
8.00
__________		 Independent valuation date
Jun 2011
__________
Initial yield (%)
7.22
__________		 Initial yield (%)
8.55
__________		 Independent valuation: (AU $m)
$39.20
__________
Discount rate (%)
9.75
__________		 Discount rate (%)
9.75
__________		 Market cap rate (%)
8.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Initial yield (%)
9.93
__________
Weighted lease term by income: (year/s)
9.8
__________		 Weighted lease term by income: (year/s)
10
__________		 Discount rate (%)
9.75
__________
Available (%)
0
__________		 Available (%)
0
__________		 Leased by area (%)
100
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 Weighted lease term by income: (year/s)
9.9
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 Available (%)
0
__________
2014 (%)
2
__________		 2014 (%)
0
__________		 2012 (%)
0
__________
2015 (%)
1
__________		 2015 (%)
0
__________		 2013 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2014 (%)
2
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2015 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2016 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2017 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2018 (%)
0
__________
2021+ (%)
97
__________		 2021+ (%)
100
__________		 2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
98
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 31

inDUStriaL PortfoLio aUStraLia

Solaris at Quarry industrial estate, reconciliation road, Greystanes, NSW

32 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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79-99 St Hilliers Road, Auburn52 Holbeche Road, Arndell Park

52 Holbeche Road, Arndell Park79-99 St Hilliers Road, Auburn

3 Brookhollow Avenue, Baulkham Hills

St Hilliers Estate is situated on thThe property is located at the int e r s ouec ion of t h eastern side of PHolbeche Road nd Murtha Street a a rramatta Rd and S t HilliersArndell Rd at Auburn, approximately 20 kilometresPark, an established industrial suburb located west of the Sydney CBD and four kilometresalong the M4 corridor within western Sydney. south-east of the ParraArndell Park is approxi mat ta CBD. Entry andely 10 kilometres exit pwest f Parramatta and 35 kilometres from the o ints to the M4 Motorway are situated 400 metres to the north.Sydney CBD.

DetailsDetails

The property is located at the intersection ofSt Hilliers Estate is situated on the south Holbeche Road and Mureastern side of Parramat a Rd and St Hilliers t ha Street at Arndell Park, an established industrial suburb locatedRd at Auburn, approximately 20 kilometres along the M4 corridor within western Sydney.west of the Sydney CBD and four kilometres Arndell Park is approximately 10 kilometressouth-east of the Parramatta CBD. Entry and west of Parramatta and 35 kilometres from theexit points to the M4 Motorway are situated Sydney CBD.400 metres to the north.

Details

Norwest Business Park is a leading technology and business park providing campus style office, high-technology and manufacturingproduction facilities. Its located in close proximity to the M7 Motorway with extensive frontage to both Norwest Boulevard and Brookhollow Avenue.

Details

Metro area
Sydney,Inner West
______
Metro area
Outer West
________		 Metro area
Sydney, Outer West
__________
Sydney, Inn		 Metro area
Sydney, Outer West
__________
Building type
Business Park
______
Building type
Distribution Centre
________		 Building type
Distribution Centre
__________
Bus ness Pa k		 Building type
Business Park
__________
Title
Freehold
______
Title
Freehold
________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
______
Ownership
DXS
________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
4(c) Industrial Enterprise
______
Zoning
4(a) General Industrial
________		 Zoning
4(a) General Industrial
__________
4(c) Industrial E terprise		 Zoning
Employment area 10(a)
__________
Year built
1989
______
Year built
1999
________		 Year built
1999
__________
8		 Year built
1995
__________
Site Area (hectares)
3.5
______
Site Area (hectares)
1.9
________		 Site Area (hectares)
1.9
__________
3 5		 Site Area (hectares)
5.2
__________
Lettable area ('000 m2)
25.8
______
Lettable area ('000 m2)
9.6
________		 Lettable area ('000 m2)
9.6
__________
2
25 8		 Lettable area ('000 m2)
13.4
__________
Site coverage (%)
74
______
Site coverage (%)
52
________		 Site coverage (%)
52
__________
74		 Site coverage (%)
26
__________
Number of buildings
2
______
Number of buildings
1
________		 Number of buildings
1
__________
2		 Number of buildings
1
__________
Number of units
12
______
Number of units
1
________		 Number of units
1
__________
12		 Number of units
1
__________
Average unit size ('000 m2)
2.1
______
Average unit size ('000 m2)
9.6
________		 Average unit size ('000 m2)
9.6
__________
2
2 1		 Average unit size ('000 m2)
13.4
__________
Office content (%)
43
______
Office content (%)
6
________		 Office content (%)
6
__________
43		 Office content (%)
100
__________
Car parking
466
______
Car parking
54
________		 Car parking
54
__________
466		 Car parking
163
__________
Major tenant
Legrand AustraliaPty Ltd
______
Major tenant
DHL Exel Supply Ch in (Aus)
________		 Major tenant
DHL Exel Supply Chain (Aus)
__________
Legrand Australia Pty Ltd		 Major tenant
IBM Australia Limited
__________
Acquisition date
Sep 1997
______
Acquisition date
Jul 1998
________		 Acquisition date
Jul1998
__________
Sep
7		 Acquisition date
Dec 2002
__________
Acquisition price plus additions: (AU $m)
$41.51
______
Acquisition price plus additions: (AU $m)
$11.40
________		 Acquisition price plus additions: (AU $m)
$11.40
__________
4
51		 Acquisition price plus additions: (AU $m)
$37.30
__________
Book value: (AU $m)
$37.40
______
Book value: (AU $m)
$12.50
________		 Book value: (AU $m)
$12.50
__________
37 4		 Book value: (AU $m)
$51.36
__________
Independent valuation date
Jun 2009
______
Independent valuation date
Dec 2009
________		 Independent valuation date
Dec2009
__________
Jun		 Independent valuation date
Jun 2010
__________
Independent valuation (AU $m)
$40.00
______
Independent valuation (AU $m)
$11.50
________		 Independent valuation (AU $m)
$11.50
__________
40 0		 Independent valuation (AU $m)
$50.00
__________
Market cap rate (%)
9.00
______
Market cap rate (%)
8.50
________		 Market cap rate (%)
8.50
__________
9 0		 Market cap rate (%)
9.50
__________
Initial yield (%)
10.04
______
Initial yield (%)
8.35
________		 Initial yield (%)
8.35
__________
10 04		 Initial yield (%)
9.36
__________
Discount rate (%)
9.50
______
Discount rate (%)
9.50
________		 Discount rate (%)
9.50
__________		 Discount rate (%)
9.75
__________
Leased by area (%)
83
______
Leased by area (%)
100
________		 Leased by area (%)
100
__________
83		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.9
______
Weighted lease term by income: (year/s)
3.1
________		 Weighted lease term by income: (year/s)
3.1
__________
1 9		 Weighted lease term by income: (year/s)
2.3
__________
Available (%)
15
______
Available (%)
0
________		 Available (%)
0
__________
15		 Available (%)
0
__________
2012 (%)
9
______
2012 (%)
0
________		 2012 (%)
0
__________
9		 2012 (%)
0
__________
2013 (%)
43
______
2013 (%)
0
________		 2013 (%)
0
__________
43		 2013 (%)
0
__________
2014 (%)
25
______
2014 (%)
0
________		 2014 (%)
0
__________
25		 2014 (%)
100
__________
2015 (%)
0
______
2015 (%)
100
________		 2015 (%)
100
__________		 2015 (%)
0
__________
2016 (%)
8
______
2016 (%)
0
________		 2016 (%)
0
__________
8		 2016 (%)
0
__________
2017 (%)
0
______
2017 (%)
0
________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
______
2018 (%)
0
________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
______
2019 (%)
0
________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
______
2020 (%)
0
________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
______
2021+ (%)
0
________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 33

inDUStriaL PortfoLio australia

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1 Garigal Road, Belrose

2 Minna Close, Belrose

30-32 Bessemer Street, Blacktown

The property is situated on the south western corner of the intersection of Garigal Rd and Forest Way at Belrose within Austlink Business Park. Austlink Business Park is located approximately 24 kilometres north west of the Sydney CBD.

Details

The property is located in the Austlink Business Park in Belrose, 24 kilometres north west of the Sydney CBD. It has access from Minna Close and frontage to Mona Vale Road, a major ring road from the northern suburbs of Sydney to the western and southern regions.

Details

The property forms part of the established Blacktown Industrial area situated 3 kilometres north of the commercial/retail centre of Blacktown. Bessemer Street extends off the western side of Sunnyholt Road which provides access to the M7 Motorway, approximately 2 kilometres to the north.

Details

Sydney CBD.

Details
 Sydney to the western and southern regions.

Details
 access to the M7 Motorway, approximately 2
kilometres to the north.

Details
Metro area
Sydney, North
__________		 Metro area
Sydney, North
__________		 Metro area
Sydney, Outer West
__________
Building type
Business Park
__________		 Building type
Business Park
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Locality C9 Austlink Business Park
__________		 Zoning
Locality C9 Austlink Business Park
__________		 Zoning
General Industrial 4(a)
__________
Year built
1992
__________		 Year built
1993
__________		 Year built
1980
__________
Site Area (hectares)
2.6
__________		 Site Area (hectares)
2.6
__________		 Site Area (hectares)
4.5
__________
Lettable area ('000 m2)
12.7
__________		 Lettable area ('000 m2)
13.8
__________		 Lettable area ('000 m2)
14.7
__________
Site coverage (%)
49
__________		 Site coverage (%)
52
__________		 Site coverage (%)
33
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
4
__________
Number of units
2
__________		 Number of units
7
__________		 Number of units
4
__________
Average unit size ('000 m2)
6.3
__________		 Average unit size ('000 m2)
1.9
__________		 Average unit size ('000 m2)
3.7
__________
Office content (%)
48
__________		 Office content (%)
73
__________		 Office content (%)
4
__________
Car parking
300
__________		 Car parking
454
__________		 Car parking
185
__________
Major tenant
Brightpoint Australia Pty Ltd
__________		 Major tenant
Getronics Australia Pty Ltd
__________		 Major tenant
C & M Snackfoods
__________
Acquisition date
Dec 1998
__________		 Acquisition date
Dec 1998
__________		 Acquisition date
May 1997
__________
Acquisition price plus additions: (AU $m)
$24.48
__________		 Acquisition price plus additions: (AU $m)
$37.12
__________		 Acquisition price plus additions: (AU $m)
$12.65
__________
Book value: (AU $m)
$20.50
__________		 Book value: (AU $m)
$27.31
__________		 Book value: (AU $m)
$16.25
__________
Independent valuation date
Jun 2009
__________		 Independent valuation date
Jun 2009
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (AU $m)
$24.00
__________		 Independent valuation (AU $m)
$27.60
__________		 Independent valuation (AU $m)
$16.25
__________
Market cap rate (%)
9.25
__________		 Market cap rate (%)
9.25
__________		 Market cap rate (%)
9.13
__________
Initial yield (%)
13.10
__________		 Initial yield (%)
10.36
__________		 Initial yield (%)
7.89
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
10.00
__________		 Discount rate (%)
10.50
__________
Leased by area (%)
41
__________		 Leased by area (%)
70
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
3.5
__________		 Weighted lease term by income: (year/s)
3.6
__________		 Weighted lease term by income: (year/s)
9.2
__________
Available (%)
69
__________		 Available (%)
19
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
3
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
31
__________		 2015 (%)
50
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
29
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
100
__________

34 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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114-120 Old Pittwater Road, Brookvale

2 Alspec Place, Eastern Creek

94-106 Lenore Drive, Erskine Park

The property comprises two buildings and is located in Brookvale a northern suburb of Sydney, 15 kilometres from the CBD. The property has good access to Pittwater Road, a main thoroughfare between the northern beaches and the city, with Route 3 linking the area to Sydney's major arterial routes.

Details

The property comprises a modern distribution facility located approximately 1 kilometre south of the M7/M4 interchange. Eastern Creek is recognised as one of the major industrial precincts in the M4 corridor.

Details

The property is a development site in the western Sydney industrial suburb of Erskine Park. The site fully serviced with a speculative development due for practical completion in Sept 2011. The site is bound by Lenore Lane, Templar Road and modern industrial facilities to the south and west.

Details

beaches and the city, with Route 3 linking the
area to Sydney's major arterial routes.

Details
Details
 Templar Road and modern industrial facilities
to the south and west.

Details
 Templar Road and modern industrial facilities
to the south and west.

Details
 Templar Road and modern industrial facilities
to the south and west.

Details
 Templar Road and modern industrial facilities
to the south and west.

Details
Metro area
Sydney, North
__________		 Metro area
Sydney, Outer West
__________		 Metro area
Sydney, Outer West
__________
Building type
Business Park
__________		 Building type
Distribution Centre
__________		 Building type
Development Site
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
G10 Brookvale Industrial West		 Zoning
Employment		 Zoning IN1 General Industrial & E2 Environmental
__________
Year built
1976		 __________
Year built
2004		 Conservation
__________
__________
Site Area (hectares)
4.2		 __________
Site Area (hectares)
2.6		 Site Area (hectares)
7.6
__________
__________
Lettable area ('000 m2)
30.6		 __________
Lettable area ('000 m2)
16.9		 Acquisition date
Aug 2010
__________
__________
Site coverage (%)
73		 __________
Site coverage (%)
65		 Acquisition price plus additions: (AU $m)
$22.42
__________
______
Number of buildings
2
________		 ______
Number of buildings
1
________		 Book value: (AU $m)
$22.42
__________
Number of units
6
__________		 Number of units
1
__________
Average unit size ('000 m2)
5.1
__________		 Average unit size ('000 m2)
16.9
__________
Office content (%)
41
__________		 Office content (%)
2
__________
Car parking
587
__________		 Car parking
144
__________
Major tenant
Avon Products Pty Ltd
__________		 Major tenant
DHL Logistics
__________
Acquisition date
Sep 1997
__________		 Acquisition date
Mar 2004
__________
Acquisition price plus additions: (AU $m)
$36.85
__________		 Acquisition price plus additions: (AU $m)
$23.66
__________
Book value: (AU $m)
$44.13
__________		 Book value: (AU $m)
$24.33
__________
Independent valuation date
Dec 2008
__________		 Independent valuation date
Dec 2008
__________
Independent valuation (AU $m)
$48.00
__________		 Independent valuation (AU $m)
$24.80
__________
Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.25
__________
Initial yield (%)
10.57
__________		 Initial yield (%)
9.06
__________
Discount rate (%)
9.75
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
5.2
__________		 Weighted lease term by income: (year/s)
3.8
__________
Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
7
__________		 2014 (%)
0
__________
2015 (%)
10
__________		 2015 (%)
100
__________
2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
82
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 35

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145-151 Arthur Street, Flemington

436-484 Victoria Road, Gladesville

1 Foundation Place, Greystanes

Flemington is approximately 16 kilometres west of the Sydney CBD and eight kilometres east of Parramatta. The property forms part of an established inner west industrial precinct and has good exposure and access to Arthur Street and major traffic arteries in western Sydney.

Details

The property is located in a prominent position on the intersection of Victoria Road and Tennyson Road, Gladesville, approximately 10 kilometres north west of the Sydney CBD and 11 kilometres east of the Parramatta CBD.

Details

The property is situated in the Greystanes business hub within close proximity to major arterial routes, M4/M7 motorways. Greystanes business hub is 6 kilometres west of Parramatta and a major precinct in the M4 corridor.

Details

Street and major traffic arteries in western
Sydney.

Details
Details
 corridor.

Details
Metro area
Sydney, Inner West
__________		 Metro area
Sydney, North
__________		 Metro area
Sydney, Outer West
__________
Building type
Business Park
__________		 Building type
Business Park
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Industrial 4
__________		 Zoning
Industrial 4 (b1) and 4 (b2) Light
__________		 Zoning
Employment
__________
Year built
1985
__________		 Year built
1991
__________		 Year built
2004
__________
Site Area (hectares)
3.2
__________		 Site Area (hectares)
2
__________		 Site Area (hectares)
5.8
__________
Lettable area ('000 m2)
19.2
__________		 Lettable area ('000 m2)
19.8
__________		 Lettable area ('000 m2)
30.8
__________
Site coverage (%)
60
__________		 Site coverage (%)
100
__________		 Site coverage (%)
53
__________
Number of buildings
2
__________		 Number of buildings
2
__________		 Number of buildings
4
__________
Number of units
9
__________		 Number of units
10
__________		 Number of units
5
__________
Average unit size ('000 m2)
2.1
__________		 Average unit size ('000 m2)
2
__________		 Average unit size ('000 m2)
6.2
__________
Office content (%)
51
__________		 Office content (%)
68
__________		 Office content (%)
14
__________
Car parking
401
__________		 Car parking
414
__________		 Car parking
278
__________
Major tenant
Acer Computer Australia P/L
__________		 Major tenant
Spotless Services Australia
__________		 Major tenant
Hitachi Construction Machinery
__________
Acquisition date
Sep 1997
__________		 Acquisition date
Sep 1997
__________		 Acquisition date
Feb 2003
__________
Acquisition price plus additions: (AU $m)
$25.58
__________		 Acquisition price plus additions: (AU $m)
$29.56
__________		 Acquisition price plus additions: (AU $m)
$39.29
__________
Book value: (AU $m)
$28.00
__________		 Book value: (AU $m)
$43.50
__________		 Book value: (AU $m)
$43.00
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2009
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (AU $m)
$28.00
__________		 Independent valuation (AU $m)
$46.00
__________		 Independent valuation (AU $m)
$41.50
__________
Market cap rate (%)
8.75
__________		 Market cap rate (%)
8.75
__________		 Market cap rate (%)
8.25
__________
Initial yield (%)
10.70
__________		 Initial yield (%)
9.84
__________		 Initial yield (%)
9.07
__________
Discount rate (%)
9.75
__________		 Discount rate (%)
9.50
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
85
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.3
__________		 Weighted lease term by income: (year/s)
1.8
__________		 Weighted lease term by income: (year/s)
3.1
__________
Available (%)
0
__________		 Available (%)
13
__________		 Available (%)
0
__________
2012 (%)
73
__________		 2012 (%)
32
__________		 2012 (%)
16
__________
2013 (%)
0
__________		 2013 (%)
9
__________		 2013 (%)
0
__________
2014 (%)
27
__________		 2014 (%)
44
__________		 2014 (%)
27
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
41
__________
2016 (%)
0
__________		 2016 (%)
2
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
16
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

36 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Quarry Industrial Estate, Reconciliation Road, Greystanes

27-29 Liberty Road, Huntingwood

Kings Park Industrial Estate, Vardys Road, Marayong

Quarry is a development site located to the south of the Greystanes business hub. Two pre-lease developments are complete and one is under construction totalling 52,900sqm. It is DA approved for 240,000sqm of industrial space and has direct access to the M4 motorway.

Details

The property is located on the northern side of Liberty Road in Huntingwood, an established industrial location home to a number of major corporates. Huntingwood is in close proximity to the western Sydney arterial road network being approximately 2 kilometres east of the M4/M7 interchange.

Details

An industrial estate of over 68,000sqm, comprising nine office/warehouse buildings and a cafe. The buildings range from 2,50027,000sqm. Kings Park is located in Marayong near the Marayong railway station. The property is in close proximity to the M7 and M2 motorways.

Details

space and has direct access to the M4
motorway.

Details
 being approximately 2 kilometres east of the
M4/M7 interchange.

Details
 property is in close proximity to the M7 and M2
motorways.

Details
Metro area
Sydney, Outer West
__________		 Metro area
Sydney, Outer West
__________		 Metro area
Sydney, Outer West
__________
Building type
Land
__________		 Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Employment
__________		 Zoning
4(d) Huntingwood Industrial Zone
__________		 Zoning
4(a) General Industrial
__________
Year built
2010
__________		 Year built
1996
__________		 Year built
1991
__________
Site Area (hectares)
47.6
__________		 Site Area (hectares)
1.4
__________		 Site Area (hectares)
13.7
__________
Lettable area ('000 m2)
52.9
__________		 Lettable area ('000 m2)
6.8
__________		 Lettable area ('000 m2)
68.9
__________
Site coverage (%)
8
__________		 Site coverage (%)
48
__________		 Site coverage (%)
50
__________
Number of buildings
3
__________		 Number of buildings
1
__________		 Number of buildings
10
__________
Number of units
3
__________		 Number of units
1
__________		 Number of units
11
__________
Average unit size ('000 m2)
12
__________		 Average unit size ('000 m2)
6.8
__________		 Average unit size ('000 m2)
6.3
__________
Office content (%)
8
__________		 Office content (%)
19
__________		 Office content (%)
13
__________
Car parking
405
__________		 Car parking
105
__________		 Car parking
484
__________
Major tenant
Symbion Health
__________		 Major tenant
Entertainment Distributors
__________		 Major tenant
Visy Pet Pty Ltd
__________
Acquisition date
Dec 2007
__________		 Acquisition date
Jul 1998
__________		 Acquisition date
May 1990
__________
Acquisition price plus additions: (AU $m)
$246.82
__________		 Acquisition price plus additions: (AU $m)
$8.14
__________		 Acquisition price plus additions: (AU $m)
$81.23
__________
Book value: (AU $m)
$176.50
__________		 Book value: (AU $m)
$8.00
__________		 Book value: (AU $m)
$88.66
__________
Market cap rate (%)
8.00
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2009
__________
Leased by area (%)
100
__________		 Independent valuation (AU $m)
$8.00
__________		 Independent valuation (AU $m)
$88.00
__________
Weighted lease term by income: (year/s)
13.5
__________		 Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.50
__________
Available (%)
0
__________		 Initial yield (%)
9.69
__________		 Initial yield (%)
9.41
__________
2012 (%)
0
__________		 Discount rate (%)
9.25
__________		 Discount rate (%)
9.50
__________
2013 (%)
0
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
2014 (%)
0
__________		 Weighted lease term by income: (year/s)
1.4
__________		 Weighted lease term by income: (year/s)
2.4
__________
2015 (%)
0
__________		 Available (%)
0
__________		 Available (%)
0
__________
2016 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
47
__________
2017 (%)
0
__________		 2013 (%)
100
__________		 2013 (%)
6
__________
2018 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2019 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
39
__________
2020 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2021+ (%)
100
__________		 2017 (%)
0
__________		 2017 (%)
8
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 37

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2-4 Military Road, Matraville

154 O'Riordan Street, Mascot

5-15 Rosebery Avenue, Rosebery

A modern industrial estate comprising two freestanding, high clearance industrial office/warehouse buildings, providing a total area of 30,154sqm on 5.4 hectares. The property is in close proximity to the expanding Port Botany and is within the south Sydney market.

Details

The property is located in Mascot, an established industrial suburb of South Sydney, approximately 9 kilometres by road from the Sydney CBD. The Sydney Kingsford Smith Airport is located 1-2 kilometres south and Port Botany is located approximately 5 kilometres to the south east.

Details

The location provides excellent main road exposure and three street frontages. Rosebery Avenue runs parallel to Botany Road, a major thoroughfare providing direct access to the CBD. Conveniently located to Southern Cross Drive, the Eastern Distributor and the Sydney Kingsford Smith Airport.

Details

Port Botany and is within the south Sydney
market.

Details
 Botany is located approximately 5 kilometres to
the south east.

Details
 Drive, the Eastern Distributor and the Sydney
Kingsford Smith Airport.

Details
Metro area
Sydney, South
__________		 Metro area
Sydney, South
__________		 Metro area
Sydney, South
__________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
4(a) Industrial
__________		 Zoning
Industrial 4(a)
__________		 Zoning
Mixed Use Zone 10(e)
__________
Year built
2000
__________		 Year built
1985
__________		 Year built
1986
__________
Site Area (hectares)
5.4
__________		 Site Area (hectares)
1.4
__________		 Site Area (hectares)
3
__________
Lettable area ('000 m2)
30.2
__________		 Lettable area ('000 m2)
8.2
__________		 Lettable area ('000 m2)
27.9
__________
Site coverage (%)
50
__________		 Site coverage (%)
57
__________		 Site coverage (%)
93
__________
Number of buildings
2
__________		 Number of buildings
3
__________		 Number of buildings
3
__________
Number of units
2
__________		 Number of units
7
__________		 Number of units
36
__________
Average unit size ('000 m2)
15.1
__________		 Average unit size ('000 m2)
1.2
__________		 Average unit size ('000 m2)
0.8
__________
Office content (%)
24
__________		 Office content (%)
27
__________		 Office content (%)
45
__________
Car parking
384
__________		 Car parking
130
__________		 Car parking
407
__________
Major tenant
Salmat BusinessForce Pty Ltd
__________		 Major tenant
Toll Priority
__________		 Major tenant
Trimex Pty Ltd
__________
Acquisition date
Dec 2009
__________		 Acquisition date
Jun 1997
__________		 Acquisition date
Apr 1998
__________
Acquisition price plus additions: (AU $m)
$48.90
__________		 Acquisition price plus additions: (AU $m)
$11.46
__________		 Acquisition price plus additions: (AU $m)
$47.25
__________
Book value: (AU $m)
$48.90
__________		 Book value: (AU $m)
$13.75
__________		 Book value: (AU $m)
$57.11
__________
Independent valuation date
Dec 2009
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (AU $m)
$47.00
__________		 Independent valuation (AU $m)
$13.75
__________		 Independent valuation (AU $m)
$56.50
__________
Market cap rate (%)
8.25
__________		 Market cap rate (%)
8.38
__________		 Market cap rate (%)
8.00
__________
Initial yield (%)
9.20
__________		 Initial yield (%)
8.96
__________		 Initial yield (%)
8.11
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
10.00
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
98
__________
Weighted lease term by income: (year/s)
4.2
__________		 Weighted lease term by income: (year/s)
2.7
__________		 Weighted lease term by income: (year/s)
4.9
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
2
__________
2012 (%)
0
__________		 2012 (%)
24
__________		 2012 (%)
13
__________
2013 (%)
61
__________		 2013 (%)
15
__________		 2013 (%)
9
__________
2014 (%)
0
__________		 2014 (%)
20
__________		 2014 (%)
16
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
5
__________
2016 (%)
0
__________		 2016 (%)
41
__________		 2016 (%)
2
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
24
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
39
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
30
__________

38 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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25-55 Rothschild Avenue, Rosebery

10-16 South Street, Rydalmere

Centrewest Industrial Estate, Silverwater

See 5-15 Rosebery Avenue, Rosebery

The property is located towards the western end of South Street, with the Parramatta River located at the southern boundary of the property. Rydalmere is an inner western suburb of Sydney located approximately 4 kilometres north of the M4 Motorway and 20 kilometres west of the Sydney CBD.

The property is located on Silverwater Road adjacent to DEXUS's Egerton Street estate and comprises a six building industrial estate with 12 units. Six of the units front onto Silverwater Road with warehouse and parking access to the rear, another four units front Vore Street at the rear.

_ property. Rydalmere is an inner western
suburb of Sydney located approximately 4
kilometres north of the M4 Motorway and 20
kilometres west of the Sydney CBD.
_		 12 units. Six of the units front onto Silverwater
Road with warehouse and parking access to
the rear, another four units front Vore Street at
the rear.
_
Details Details Details
_ _ _
Metro area
Sydney, South
__________		 Metro area
Sydney, Inner West
__________		 Metro area
Sydney, Inner West
__________
Building type
Business Park
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Mixed Use Zone 10(e)
__________		 Zoning
Technology and Enterprise
__________		 Zoning
General Industrial 4(a)
__________
Year built
1984
__________		 Year built
1980
__________		 Year built
1988
__________
Site Area (hectares)
1.9
__________		 Site Area (hectares)
5.3
__________		 Site Area (hectares)
2.4
__________
Lettable area ('000 m2)
16.8
__________		 Lettable area ('000 m2)
34.7
__________		 Lettable area ('000 m2)
17.8
__________
Site coverage (%)
88
__________		 Site coverage (%)
66
__________		 Site coverage (%)
54
__________
Number of buildings
1
__________		 Number of buildings
6
__________		 Number of buildings
6
__________
Number of units
2
__________		 Number of units
20
__________		 Number of units
12
__________
Average unit size ('000 m2)
8.4
__________		 Average unit size ('000 m2)
1.7
__________		 Average unit size ('000 m2)
1.5
__________
Office content (%)
37
__________		 Office content (%)
34
__________		 Office content (%)
44
__________
Car parking
71
__________		 Car parking
476
__________		 Car parking
270
__________
Major tenant
Commonwealth of Aust AQIS
__________		 Major tenant
Kawasaki Motors
__________		 Major tenant
Christian City Church
__________
Acquisition date
Oct 2001
__________		 Acquisition date
Sep 1997
__________		 Acquisition date
May 2010
__________
Acquisition price plus additions: (AU $m)
$29.30
__________		 Acquisition price plus additions: (AU $m)
$39.21
__________		 Acquisition price plus additions: (AU $m)
$25.86
__________
Book value: (AU $m)
$32.64
__________		 Book value: (AU $m)
$39.25
__________		 Book value: (AU $m)
$25.93
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
May 2010
__________
Independent valuation (AU $m)
$32.50
__________		 Independent valuation (AU $m)
$39.25
__________		 Independent valuation (AU $m)
$24.43
__________
Market cap rate (%)
8.25
__________		 Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.75
__________
Initial yield (%)
8.75
__________		 Initial yield (%)
10.18
__________		 Initial yield (%)
10.03
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
9.75
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
85
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.5
__________		 Weighted lease term by income: (year/s)
2.3
__________		 Weighted lease term by income: (year/s)
3.6
__________
Available (%)
0
__________		 Available (%)
13
__________		 Available (%)
13
__________
2012 (%)
25
__________		 2012 (%)
30
__________		 2012 (%)
5
__________
2013 (%)
75
__________		 2013 (%)
11
__________		 2013 (%)
17
__________
2014 (%)
0
__________		 2014 (%)
17
__________		 2014 (%)
30
__________
2015 (%)
0
__________		 2015 (%)
5
__________		 2015 (%)
5
__________
2016 (%)
0
__________		 2016 (%)
24
__________		 2016 (%)
19
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
11
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 39

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DEXUS Industrial Estate, Egerton Street, Silverwater

12 Frederick Street, St Leonards

30 Bellrick Street, Acacia Ridge

The estate is located on Egerton and Fariola Streets which are in close proximity to Silverwater Road. Silverwater is regarded as one of the premier central west industrial regions in Sydney with major arterials such as Victoria Road, the M4 Motorway and Parramatta Road in close proximity.

Details

The estate includes 13 office/warehouse units providing approximately 19,300sqm. Frederick Street is in the St Leonards/Artarmon industrial precinct 6 kilometres north of the Sydney CBD. The units offer modern quality accommodation ranging between 901-2,049sqm.

Details

This industrial complex is located on the southern side of Bellrick Street in Acacia Ridge which offers good access to major arterial roadways. Acacia Ridge is located within the southern industrial hub and is 13 kilometres south of the Brisbane CBD.

Details

Victoria Road, the M4 Motorway and
Parramatta Road in close proximity.

Details
 ranging between 901-2,049sqm.

Details
 south of the Brisbane CBD.

Details
Metro area
Sydney, Inner West
__________		 Metro area
Sydney, North
__________		 Metro area
Brisbane
__________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
General Industrial 4(a)
__________		 Zoning
General Industrial 4(a)
__________		 Zoning
General Industry
__________
Year built
1969
__________		 Year built
1974
__________		 Year built
1988
__________
Site Area (hectares)
8.8
__________		 Site Area (hectares)
2.5
__________		 Site Area (hectares)
3.5
__________
Lettable area ('000 m2)
29.3
__________		 Lettable area ('000 m2)
19.3
__________		 Lettable area ('000 m2)
17.8
__________
Site coverage (%)
33
__________		 Site coverage (%)
77
__________		 Site coverage (%)
51
__________
Number of buildings
9
__________		 Number of buildings
1
__________		 Number of buildings
5
__________
Number of units
10
__________		 Number of units
13
__________		 Number of units
3
__________
Average unit size ('000 m2)
2.9
__________		 Average unit size ('000 m2)
1.5
__________		 Average unit size ('000 m2)
5.9
__________
Office content (%)
29
__________		 Office content (%)
29
__________		 Office content (%)
3
__________
Car parking
290
__________		 Car parking
330
__________		 Car parking
100
__________
Major tenant
Payless Shoes Pty Ltd
__________		 Major tenant
Advanced Surgical Design & Man
__________		 Major tenant
Twentieth Superspace Nominees
__________
Acquisition date
May 1997
__________		 Acquisition date
Jul 2000
__________		 Acquisition date
Jun 1997
__________
Acquisition price plus additions: (AU $m)
$120.65
__________		 Acquisition price plus additions: (AU $m)
$25.82
__________		 Acquisition price plus additions: (AU $m)
$13.29
__________
Book value: (AU $m)
$40.20
__________		 Book value: (AU $m)
$33.50
__________		 Book value: (AU $m)
$20.30
__________
Independent valuation date
Dec 2009
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (AU $m)
$39.50
__________		 Independent valuation (AU $m)
$33.50
__________		 Independent valuation (AU $m)
$19.60
__________
Market cap rate (%)
8.84
__________		 Market cap rate (%)
8.75
__________		 Market cap rate (%)
9.00
__________
Initial yield (%)
10.13
__________		 Initial yield (%)
9.91
__________		 Initial yield (%)
9.84
__________
Discount rate (%)
9.63
__________		 Discount rate (%)
9.50
__________		 Discount rate (%)
10.00
__________
Leased by area (%)
60
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
5.2
__________		 Weighted lease term by income: (year/s)
2.3
__________		 Weighted lease term by income: (year/s)
1.2
__________
Available (%)
38
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
8
__________		 2012 (%)
12
__________		 2012 (%)
0
__________
2013 (%)
9
__________		 2013 (%)
41
__________		 2013 (%)
100
__________
2014 (%)
0
__________		 2014 (%)
28
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
7
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
12
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
35
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
10
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

40 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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25 Donkin Street, West End Brisbane

57-101 Balham Road, Archerfield

15-23 Whicker Road, Gillman

The complex is located in the inner city, south side suburb of West End, two kilometres south west of the Brisbane CBD. The immediate surrounding area comprises high-tech office/warehouse developments together with semi-modern warehouses and light industrial premises.

Details

The property comprises a semi modern industrial estate located within the industrial suburb of Archerfield approximately 14 kilometres south of the Brisbane CBD. The estate provides approximately 24,450sqm across 11 tenancies in seven freestanding buildings.

Details

The property is situated within an established industrial precinct in the north-western suburb of Gillman, approximately 12 kilometres from the Adelaide CBD. Transport to the CBD is via the major transport corridors of the Grand Junction Road and Port Road.

Details

semi-modern warehouses and light industrial
premises.

Details
 across 11 tenancies in seven freestanding
buildings.

Details
 Junction Road and Port Road.

Details
Metro area
Brisbane
__________		 Metro area
Brisbane
__________		 Metro area
Adelaide
__________
Building type
Business Park
__________		 Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Special Purpose Centre SP12 - Mixed		 Zoning
General Industry		 Zoning
General Industry 2
Industry & Business
__________		 __________
Year built
1981		 __________
Year built
1970
Year built
1987
__________		 __________
Site Area (hectares)
4.5		 __________
Site Area (hectares)
9.7
Site Area (hectares)
1.7
__________		 __________
Lettable area ('000 m2)
24.5		 __________
Lettable area ('000 m2)
72.1
Lettable area ('000 m2)
11.3
__________		 __________
Site coverage (%)
53		 __________
Site coverage (%)
74
Site coverage (%)
67
__________		 __________
Number of buildings
7		 __________
Number of buildings
2
Number of buildings
3
__________		 __________
Number of units
11		 __________
Number of units
2
Number of units
28
______
Average unit size ('000 m2)
0.4
________		 ______
Average unit size ('000 m2)
2.2
________
Major tenant
Austral Bronze Crane Copper		 ______
Average unit size ('000 m2)
36.1
________
Office content (%)
1
Office content (%)
70
__________		 __________
Acquisition date
Nov 2010		 __________
Car parking
0
Car parking
203
__________		 __________
Acquisition price plus additions: (AU $m)
$22.30		 __________
Major tenant
Elders Limited
Major tenant
Datacom Systems
__________		 __________
Book value: (AU $m)
$22.39		 __________
Acquisition date
Dec 2002
Acquisition date
Dec 1998
__________		 __________
Market cap rate (%)
9.75		 __________
Acquisition price plus additions: (AU $m)
$20.29
Acquisition price plus additions: (AU $m)
$20.85
__________		 __________
Initial yield (%)
8.66		 __________
Book value: (AU $m)
$28.80
Book value: (AU $m)
$26.20
__________		 __________
Discount rate (%)
11.00		 __________
Independent valuation date
Dec 2010
Independent valuation date
Dec 2010
__________		 __________
Leased by area (%)
86		 __________
Independent valuation (AU $m)
$25.50
Independent valuation (AU $m)
$27.00
__________		 __________
Weighted lease term by income: (year/s)
2.9		 __________
Market cap rate (%)
10.25
Market cap rate (%)
8.25
__________		 __________
Available (%)
14		 __________
Initial yield (%)
8.84
Initial yield (%)
10.27
__________		 __________
2012 (%)
14		 __________
Discount rate (%)
11.00
Discount rate (%)
9.50
__________		 __________
2013 (%)
0		 __________
Leased by area (%)
100
Leased by area (%)
91
__________		 __________
2014 (%)
19		 __________
Weighted lease term by income: (year/s)
1
Weighted lease term by income: (year/s)
1.6
__________		 __________
2015 (%)
33		 __________
Available (%)
0
Available (%)
10
__________		 __________
2016 (%)
21		 __________
2012 (%)
100
2012 (%)
14
__________		 __________
2017 (%)
0		 __________
2013 (%)
0
2013 (%)
58
__________		 __________
2018 (%)
0		 __________
2014 (%)
0
2014 (%)
8
__________		 __________
2019 (%)
0		 __________
2015 (%)
0
2015 (%)
7
__________		 __________
2020 (%)
0		 __________
2016 (%)
0
2016 (%)
3
__________		 __________
2021+ (%)
0		 __________
2017 (%)
0
2017 (%)
0
__________		 __________ __________
2018 (%)
0
2018 (%)
0
__________		 __________
2019 (%)
0
2019 (%)
0
__________		 __________
2020 (%)
0
2020 (%)
0
__________		 __________
2021+ (%)
0
2021+ (%)
0
__________		 __________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 41

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Target Distribution Centre, Tarras Road, Altona North

114 Fairbank Road, Clayton

Pound Road West, Dandenong

This state-of-the-art 41,447sqm distribution warehouse was purpose built for Target. The property is located in Altona North, in close proximity to the Western Ring Road and West Gate Freeway with the Melbourne CBD approximately 12 kilometres to the east.

The property is located in the Clayton industrial precinct, a well-regarded industrial location approximately 20 kilometres south east of the Melbourne CBD. It is serviced by major road networks including the Monash Freeway and Dandenong Road to the east of the property.

The property is located in the south east of Melbourne, approximately 36 kilometres from the CBD. The property has excellent access to the South Gippsland Freeway (Monash Freeway), South Gippsland Highway and the recently extended Eastlink.

Details

Details

Details


Details
Details
Details
Metro area
Melbourne, West
__________		 Metro area
Melbourne, South East
__________		 Metro area
Melbourne, South East
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Special Use Zone 4
__________		 Zoning
Industrial 1
__________		 Zoning
Business 3
__________
Year built
1996
__________		 Year built
1986
__________		 Year built
2001
__________
Site Area (hectares)
10.2
__________		 Site Area (hectares)
3.6
__________		 Site Area (hectares)
19
__________
Lettable area ('000 m2)
41.4
__________		 Lettable area ('000 m2)
18.2
__________		 Lettable area ('000 m2)
87.8
__________
Site coverage (%)
41
__________		 Site coverage (%)
50
__________		 Site coverage (%)
47
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
8
__________
Number of units
1
__________		 Number of units
1
__________		 Number of units
8
__________
Average unit size ('000 m2)
41.4
__________		 Average unit size ('000 m2)
18.6
__________		 Average unit size ('000 m2)
9.8
__________
Office content (%)
5
__________		 Office content (%)
3
__________		 Office content (%)
7
__________
Car parking
210
__________		 Car parking
12
__________		 Car parking
191
__________
Major tenant
Target Australia PL
__________		 Major tenant
Annex Holdings Pty Ltd
__________		 Major tenant
L`oreal Australia Pty Ltd
__________
Acquisition date
Oct 1995
__________		 Acquisition date
Jul 1997
__________		 Acquisition date
Jan 2004
__________
Acquisition price plus additions: (AU $m)
$25.78
__________		 Acquisition price plus additions: (AU $m)
$16.15
__________		 Acquisition price plus additions: (AU $m)
$68.43
__________
Book value: (AU $m)
$32.50
__________		 Book value: (AU $m)
$15.09
__________		 Book value: (AU $m)
$75.30
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (AU $m)
$32.50
__________		 Independent valuation (AU $m)
$14.90
__________		 Independent valuation (AU $m)
$77.30
__________
Market cap rate (%)
9.00
__________		 Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.50
__________
Initial yield (%)
12.02
__________		 Initial yield (%)
9.04
__________		 Initial yield (%)
9.13
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
10.00
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
5.8
__________		 Weighted lease term by income: (year/s)
8.3
__________		 Weighted lease term by income: (year/s)
3.7
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
11
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
41
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
23
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
100
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
12
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
13
__________
2020 (%)
0
__________		 2020 (%)
100
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

42 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Knoxfield Industrial Estate, Henderson Road, Knoxfield

The property consists of two office/warehouses in the established industrial precinct of Knoxfield approximately 25 kilometres south east of Melbourne. The estate is well located with the recently extended Eastlink three kilometres to the west.

Details

250 Forest Road South, Lara

The property is located at Lara, between the ports of Melbourne and Geelong approximately 57 kilometres south-west of Melbourne and 10 kilometres north of Geelong. The property comprises 4 warehouse buildings and a railway spur along the southern boundary.

Details

DEXUS Industrial Estate, Boundary Road, Laverton North (including 440 Doherty's Road)

The property is located in Laverton North, approximately 17 kilometres to the west of Melbourne's CBD and Ports. The site is in close proximity to the Western Ring Road which is accessed via the interchange at Boundary Road and the interchange at Fitzgerald Road.

Details

kilometres to the west.

Details
 spur along the southern boundary.

Details
 Boundary Road and the interchange at
Fitzgerald Road.

Details
Metro area
Melbourne, South East
__________		 Metro area
Melbourne, South West
__________		 Metro area
Melbourne, West
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Industrial 1
__________		 Zoning
Industrial 2
__________		 Zoning
Industrial 2
__________
Year built
1990
__________		 Year built
1985
__________		 Year built
2005
__________
Site Area (hectares)
7.4
__________		 Site Area (hectares)
24.6
__________		 Site Area (hectares)
121.9
__________
Lettable area ('000 m2)
48.5
__________		 Lettable area ('000 m2)
117.3
__________		 Lettable area ('000 m2)
93.1
__________
Site coverage (%)
66
__________		 Site coverage (%)
48
__________		 Site coverage (%)
8
__________
Number of buildings
2
__________		 Number of buildings
4
__________		 Number of buildings
5
__________
Number of units
2
__________		 Number of units
4
__________		 Number of units
5
__________
Average unit size ('000 m2)
24.3
__________		 Average unit size ('000 m2)
29.3
__________		 Average unit size ('000 m2)
17.3
__________
Office content (%)
3
__________		 Office content (%)
1
__________		 Office content (%)
3
__________
Car parking
275
__________		 Car parking
122
__________		 Car parking
0
__________
Major tenant
Toll Transport Pty Ltd
__________		 Major tenant
AWH Pty Ltd
__________		 Major tenant
Foster`s Australia Ltd
__________
Acquisition date
Aug 1996
__________		 Acquisition date
Dec 2002
__________		 Acquisition date
Jul 2002
__________
Acquisition price plus additions: (AU $m)
$31.20
__________		 Acquisition price plus additions: (AU $m)
$38.75
__________		 Acquisition price plus additions: (AU $m)
$151.27
__________
Book value: (AU $m)
$37.60
__________		 Book value: (AU $m)
$50.00
__________		 Book value: (AU $m)
$156.43
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (AU $m)
$37.60
__________		 Independent valuation (AU $m)
$50.00
__________		 Independent valuation (AU $m)
$156.43
__________
Market cap rate (%)
8.67
__________		 Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.27
__________
Initial yield (%)
9.21
__________		 Initial yield (%)
8.69
__________		 Initial yield (%)
7.54
__________
Discount rate (%)
9.67
__________		 Discount rate (%)
11.50
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
3.1
__________		 Weighted lease term by income: (year/s)
12
__________		 Weighted lease term by income: (year/s)
7.3
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
73
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
27
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
9
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
39
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
15
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
23
__________
2021+ (%)
0
__________		 2021+ (%)
100
__________		 2021+ (%)
14
__________

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12-18 Distribution Drive, Laverton North

This chilled distribution facility is in the DEXUS Industrial Estate at Laverton North. The facility provides temperature zones up to 25 degrees and is in close proximity to major transport infrastructure including the Western Ring Road, Princess Freeway, Westgate Freeway and the Deer Park Bypass.

Details

Axxess Corporate Park, Cnr Ferntree Gully & Gilby Roads, Mount Waverley

Axxess provides a combination of freestanding office buildings and traditional industrial office/ warehouse units fronting onto Forster and Gilby Roads. The estate provides smaller units up to 1,000sqm plus modern office/ warehouses up to 6,000sqm.

Details

Road, Princess Freeway, Westgate Freeway
and the Deer Park Bypass.

Details
 warehouses up to 6,000sqm.

Details
Metro area
Melbourne, West
__________		 Metro area
Melbourne, South East
__________
Building type
Distribution Centre
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________
Co-owner
AXA
__________		 Zoning
Business 3 Zone
__________
Zoning
Industrial 2
__________		 Year built
1980
__________
Year built
2007
__________		 Site Area (hectares)
19.6
__________
Site Area (hectares)
16.6
__________		 Lettable area ('000 m2)
84.8
__________
Lettable area ('000 m2)
21.5
__________		 Site coverage (%)
43
__________
Site coverage (%)
26
__________		 Number of buildings
29
__________
Number of buildings
1
__________		 Number of units
119
__________
Number of units
1
__________		 Average unit size ('000 m2)
0.7
__________
Average unit size ('000 m2)
43
__________		 Office content (%)
55
__________
Office content (%)
11
__________		 Car parking
1
__________
Car parking
0
__________		 Major tenant
Jemena Ltd
__________
Major tenant
Coles Myer Limited
__________		 Acquisition date
Oct 1996
__________
Acquisition date
Jul 2002
__________		 Acquisition price plus additions: (AU $m)
$162.40
__________
Acquisition price plus additions: (AU $m)
$52.60
__________		 Book value: (AU $m)
$181.25
__________
Book value: (AU $m)
$50.19
__________		 Independent valuation date
Jun 2010
__________
Independent valuation date
Jun 2010
__________		 Independent valuation (AU $m)
$179.40
__________
Independent valuation (AU $m)
$48.00
__________		 Market cap rate (%)
8.43
__________
Market cap rate (%)
8.50
__________		 Initial yield (%)
7.69
__________
Initial yield (%)
8.58
__________		 Discount rate (%)
9.50
__________
Discount rate (%)
9.75
__________		 Leased by area (%)
98
__________
Leased by area (%)
100
__________		 Weighted lease term by income: (year/s)
3.3
__________
Weighted lease term by income: (year/s)
10.8
__________		 Available (%)
1
__________
Available (%)
0
__________		 2012 (%)
13
__________
2012 (%)
0
__________		 2013 (%)
25
__________
2013 (%)
0
__________		 2014 (%)
13
__________
2014 (%)
0
__________		 2015 (%)
2
__________
2015 (%)
0
__________		 2016 (%)
25
__________
2016 (%)
0
__________		 2017 (%)
7
__________
2017 (%)
0
__________		 2018 (%)
0
__________
2018 (%)
0
__________		 2019 (%)
13
__________
2019 (%)
0
__________		 2020 (%)
0
__________
2020 (%)
0
__________		 2021+ (%)
0
__________
2021+ (%)
100
__________

44 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

inDUStriaL PortfoLio UnitED StatES

19700 38th Avenue east, Spanaway, Seattle, WA

45

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

inDUStriaL PortfoLio United States: west coast properties

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13602 12th Street, Chino

The property is located one mile south of the Pomona (60) Freeway between Central and Mountain Avenues. The property is a one-story concrete tilt-up, multi-tenant, industrial building with a built-up tar roof system.

Details

3590 De Forest Circle, Mira Loma

The property is located northeast of the I-15 and 60 Freeway interchange off Etiwanda Avenue. The property is a concrete tilt-up, multi-tenant, warehouse building with built-up tar roof systems.

Details

1450 E Francis Street, 1951 S Parco Street, 1401 E Cedar Street, Ontario

The properties are located in the northeast area of Ontario and accessed via the San Bernardino (10), Pomona (60), and the Ontario (15) freeways. The properties comprise three, concrete tilt-up, multi-tenant, warehouse /flex buildings with built-up tar roof systems.

Details

building with a built-up tar roof system.

Details
 tar roof systems.

Details
 three, concrete tilt-up, multi-tenant, warehouse
/flex buildings with built-up tar roof systems.

Details
Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________
Year built
1987
__________		 Year built
1992
__________		 Year built
1999
__________
Site Area (acres)
4.8
__________		 Site Area (acres)
8.4
__________		 Site Area (acres)
11
__________
Lettable area ('000 ft2)
104.6
__________		 Lettable area ('000 ft2)
250.6
__________		 Lettable area ('000 ft2)
224.8
__________
Site coverage (%)
50
__________		 Site coverage (%)
50
__________		 Site coverage (%)
50
__________
Number of buildings
2
__________		 Number of buildings
1
__________		 Number of buildings
3
__________
Number of units
4
__________		 Number of units
1
__________		 Number of units
12
__________
Average unit size ('000 ft2)
26.2
__________		 Average unit size ('000 ft2)
250.6
__________		 Average unit size ('000 ft2)
18.7
__________
Office content (%)
10
__________		 Office content (%)
0
__________		 Office content (%)
12
__________
Car parking
258
__________		 Car parking
598
__________		 Car parking
378
__________
Major tenant
Wright Business Graphics Of CA
__________		 Major tenant
Domtar Paper Company
__________		 Major tenant
Lamo Sheepskin
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$6.62
__________		 Acquisition price plus additions: (US $m)
$10.92
__________		 Acquisition price plus additions: (US $m)
$14.88
__________
Book value: (US $m)
$7.29
__________		 Book value: (US $m)
$13.22
__________		 Book value: (US $m)
$11.77
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$6.26
__________		 Independent valuation (US $m)
$12.10
__________		 Independent valuation (US $m)
$11.77
__________
Market cap rate (%)
7.25
__________		 Market cap rate (%)
7.50
__________		 Market cap rate (%)
6.75
__________
Initial yield (%)
6.09
__________		 Initial yield (%)
7.15
__________		 Initial yield (%)
4.04
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
9.50
__________		 Discount rate (%)
8.25
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
94
__________
Weighted lease term by income: (year/s)
6.4
__________		 Weighted lease term by income: (year/s)
3.9
__________		 Weighted lease term by income: (year/s)
3
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
5
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
9
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
21
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
22
__________
2015 (%)
0
__________		 2015 (%)
100
__________		 2015 (%)
8
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
15
__________
2017 (%)
35
__________		 2017 (%)
0
__________		 2017 (%)
20
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
65
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

46 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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1777 S Vintage Avenue, Ontario

The property is located in the northeast area of Ontario accessible via the Dan Bernardino (10), Pomona (60) and the Ontario (15) freeways. The property is a concrete tilt-up, multi-tenant, warehouse/flex building with built up tar roof systems.

Details

4190 Santa Ana Street, Ontario

The property is located southwest of the I-10 and I-15 interchange just north of Jurupa Street. The property is a concrete tilt-up, multitenant, warehouse/flex building with a built-up tar roof system.

Details

11653 6th Street, 9357 Richmond Place, & 9371 Buffalo Avenue, Rancho Cucamonga

Three buildings are located northwest of I-10/ I-15. The property comprise concrete tilt-up, multi-tenant, warehouse/flex buildings with built-up tar roof systems.

Details

multi-tenant, warehouse/flex building with built
up tar roof systems.

Details
 tar roof system.

Details
Details
Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________
Year built
1988
__________		 Year built
1989
__________		 Year built
2001
__________
Site Area (acres)
12.4
__________		 Site Area (acres)
4.9
__________		 Site Area (acres)
13.8
__________
Lettable area ('000 ft2)
284.6
__________		 Lettable area ('000 ft2)
98.8
__________		 Lettable area ('000 ft2)
217.2
__________
Site coverage (%)
50
__________		 Site coverage (%)
40
__________		 Site coverage (%)
40
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
4
__________
Number of units
1
__________		 Number of units
1
__________		 Number of units
13
__________
Average unit size ('000 ft2)
284.6
__________		 Average unit size ('000 ft2)
98.8
__________		 Average unit size ('000 ft2)
16.7
__________
Office content (%)
3
__________		 Office content (%)
10
__________		 Office content (%)
10
__________
Car parking
260
__________		 Car parking
773
__________		 Car parking
763
__________
Major tenant
Skechers Usa Inc.
__________		 Major tenant
Halsteel Inc
__________		 Major tenant
Amphastar Pharmaceuticals
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$11.94
__________		 Acquisition price plus additions: (US $m)
$4.85
__________		 Acquisition price plus additions: (US $m)
$13.90
__________
Book value: (US $m)
$12.04
__________		 Book value: (US $m)
$4.96
__________		 Book value: (US $m)
$14.06
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$12.04
__________		 Independent valuation (US $m)
$4.35
__________		 Independent valuation (US $m)
$11.45
__________
Market cap rate (%)
6.75
__________		 Market cap rate (%)
6.75
__________		 Market cap rate (%)
6.75
__________
Initial yield (%)
4.04
__________		 Initial yield (%)
4.44
__________		 Initial yield (%)
4.73
__________
Discount rate (%)
8.25
__________		 Discount rate (%)
9.00
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
86
__________
Weighted lease term by income: (year/s)
0.3
__________		 Weighted lease term by income: (year/s)
0.6
__________		 Weighted lease term by income: (year/s)
2.6
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
13
__________
2012 (%)
100
__________		 2012 (%)
100
__________		 2012 (%)
20
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
7
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
8
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
38
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
6
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
8
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 47

inDUStriaL PortfoLio United States: west coast properties

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12000 Jersey Court, Rancho Cucamonga

9545 Santa Anita Avenue, Rancho Cucamonga

4200 E Santa Ana Street, Riverside

The property is located northwest of the I-10 and I-15 interchange off Rochester Avenue with I-15 visibility. The property is a concrete tilt-up, single tenant, warehouse building with a built-up tar roof system.

Details

The property is located northwest of the I-10/I15 interchange and accessible via the Pomona (60) Freeway. The property is a concrete tiltup, multi-tenant, warehouse/flex buildings with built-up tar roof systems.

Details

The property is located at the northeast end of Ontario and accessed via the San Bernardino (10), Pomona (60), and the Ontario (15) freeways. The property is a concrete tilt-up, multi-tenant, warehouse/flex buildings with built-up tar roof systems.

Details

built-up tar roof system.

Details
 built-up tar roof systems.

Details
 multi-tenant, warehouse/flex buildings with
built-up tar roof systems.

Details
Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________		 Metro area
Inland Empire
__________
Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________		 Zoning
M2 - 1 Light Industrial
__________
Year built
1989
__________		 Year built
1989
__________		 Year built
1988
__________
Site Area (acres)
4.3
__________		 Site Area (acres)
9.5
__________		 Site Area (acres)
3.1
__________
Lettable area ('000 ft2)
88.1
__________		 Lettable area ('000 ft2)
212.3
__________		 Lettable area ('000 ft2)
62.4
__________
Site coverage (%)
50
__________		 Site coverage (%)
40
__________		 Site coverage (%)
50
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
4
__________		 Number of units
1
__________		 Number of units
2
__________
Average unit size ('000 ft2)
22
__________		 Average unit size ('000 ft2)
212.3
__________		 Average unit size ('000 ft2)
31.2
__________
Office content (%)
10
__________		 Office content (%)
10
__________		 Office content (%)
9
__________
Car parking
118
__________		 Car parking
763
__________		 Car parking
104
__________
Major tenant
Amarr Garage Doors
__________		 Major tenant
Tech Packaging, Inc.
__________		 Major tenant
Tree Island Wire (Usa) Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$4.36
__________		 Acquisition price plus additions: (US $m)
$8.58
__________		 Acquisition price plus additions: (US $m)
$3.45
__________
Book value: (US $m)
$4.27
__________		 Book value: (US $m)
$7.75
__________		 Book value: (US $m)
$2.88
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$3.84
__________		 Independent valuation (US $m)
$7.81
__________		 Independent valuation (US $m)
$2.88
__________
Market cap rate (%)
7.25
__________		 Market cap rate (%)
6.75
__________		 Market cap rate (%)
6.75
__________
Initial yield (%)
4.33
__________		 Initial yield (%)
4.73
__________		 Initial yield (%)
4.04
__________
Discount rate (%)
9.25
__________		 Discount rate (%)
8.75
__________		 Discount rate (%)
8.25
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
54
__________
Weighted lease term by income: (year/s)
2.8
__________		 Weighted lease term by income: (year/s)
5.1
__________		 Weighted lease term by income: (year/s)
0.6
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
41
__________
2012 (%)
26
__________		 2012 (%)
0
__________		 2012 (%)
59
__________
2013 (%)
23
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
21
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
31
__________		 2017 (%)
100
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

48 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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6530 Altura Boulevard, Buena Park

1100 Hatcher Avenue & 17521 & 17531 Railroad Street, Industry

14489 Industry Circle, La Mirada

Located adjacent to I-5 in Los Angeles County in Buena Park, the property havs access to the I-5 at Valley View Avenue or Knott Avenue. The property is a concrete tilt-up, single tenant, warehouse building with built-up tar roof systems.

Details

The property is approximately one mile off the Pomona (60) Freeway. The property comprises of two one-story buildings concrete title-up, multi-tenant warehouse buildings.

Details

Located adjacent to I-5 in the Los Angeles County in La Mirada, the property has access to the I-5 at Valley View Avenue or Knott Avenue. The property is a concrete tilt-up, multi-tenant, warehouse building with built-up tar roof systems.

Details

warehouse building with built-up tar roof
systems.

Details
Details
 multi-tenant, warehouse building with built-up
tar roof systems.

Details
Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________
Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Industrial
__________		 Zoning
Industrial
__________		 Zoning
Industrial
__________
Year built
1967
__________		 Year built
1988
__________		 Year built
1967
__________
Site Area (acres)
3.5
__________		 Site Area (acres)
8.1
__________		 Site Area (acres)
5.2
__________
Lettable area ('000 ft2)
67.4
__________		 Lettable area ('000 ft2)
157.3
__________		 Lettable area ('000 ft2)
112.9
__________
Site coverage (%)
5000
__________		 Site coverage (%)
44
__________		 Site coverage (%)
50
__________
Number of buildings
1
__________		 Number of buildings
2
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
18
__________		 Number of units
2
__________
Average unit size ('000 ft2)
67.4
__________		 Average unit size ('000 ft2)
8.7
__________		 Average unit size ('000 ft2)
56.5
__________
Office content (%)
100
__________		 Office content (%)
0
__________		 Office content (%)
10
__________
Car parking
119
__________		 Car parking
245
__________		 Car parking
168
__________
Major tenant
Onesource Distributors Llc
__________		 Major tenant
World Data & Media Inc.
__________		 Major tenant
Damac Products Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Oct 2010
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
5.47
__________		 Acquisition price plus additions: (US $m)
$14.75
__________		 Acquisition price plus additions: (US $m)
$7.41
__________
Book value: (US $m)
4.31
__________		 Book value: (US $m)
$14.83
__________		 Book value: (US $m)
$7.47
__________
Independent valuation date
Dec 2010
__________		 Initial yield (%)
6.04
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
3.53
__________		 Discount rate (%)
9.00
__________		 Independent valuation (US $m)
$7.45
__________
Market cap rate (%)
6.50
__________		 Leased by area (%)
96
__________		 Market cap rate (%)
6.30
__________
Initial yield (%)
6.39
__________		 Weighted lease term by income: (year/s)
1.9
__________		 Initial yield (%)
8.46
__________
Discount rate (%)
9.00
__________		 Available (%)
4
__________		 Discount rate (%)
9.00
__________
Leased by area (%)
100
__________		 2012 (%)
15
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
3.4
__________		 2013 (%)
43
__________		 Weighted lease term by income: (year/s)
2.8
__________
Available (%)
0
__________		 2014 (%)
14
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2015 (%)
18
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2016 (%)
5
__________		 2013 (%)
66
__________
2014 (%)
0
__________		 2017 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
100
__________		 2018 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2019 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2020 (%)
0
__________		 2017 (%)
34
__________
2018 (%)
0
__________		 2021+ (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 49

inDUStriaL PortfoLio United States: west coast properties

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14501 Artesia Boulevard, La Mirada

14555 Alondra Boulevard, La Mirada

5911-5915 Fresca Drive, La Palma

The property is located in the city of La Mirada, in Los Angeles County and has access to both the I-5 and I-91 Freeways. The property provides 277,564sf of space including a furniture showroom and approx. 32 feet height in the warehouse.

Details

Located adjacent to I-5 in the Los Angeles County in La Mirada, the property has access to the I-5 at Valley View Avenue or Knott Avenue. The property is a concrete tilt-up, single tenant, warehouse building with built-up tar roof systems.

Details

This is a 292,080sf, divisible, distribution/ manufacturing. The building features 26 dock high loading doors and 26 feet warehouse clearance.

Details

furniture showroom and approx. 32 feet height
in the warehouse.

Details
 single tenant, warehouse building with built-up
tar roof systems.

Details
Details
Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________
Building type
Industrial/Warehouse
__________		 Building type
Distribution Centre
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M2, Heavy Industrial
__________		 Zoning
Industrial
__________		 Zoning
Industrial
__________
Year built
1968
__________		 Year built
1968
__________		 Year built
1968
__________
Site Area (acres)
16.2
__________		 Site Area (acres)
12.1
__________		 Site Area (acres)
10.5
__________
Lettable area ('000 ft2)
277.6
__________		 Lettable area ('000 ft2)
237.1
__________		 Lettable area ('000 ft2)
292.1
__________
Site coverage (%)
39
__________		 Site coverage (%)
50
__________		 Site coverage (%)
6
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
1
__________		 Number of units
2
__________
Average unit size ('000 ft2)
277.6
__________		 Average unit size ('000 ft2)
237.1
__________		 Average unit size ('000 ft2)
146.1
__________
Office content (%)
5
__________		 Office content (%)
10
__________		 Office content (%)
10
__________
Car parking
566
__________		 Car parking
119
__________		 Major tenant
Iron Mountain
__________
Major tenant
Living Spaces
__________		 Major tenant
Kittrich Corporation
__________		 Acquisition date
Jul 2011
__________
Acquisition date
Jan 2011
__________		 Acquisition date
Sep 2004
__________		 Leased by area (%)
55
__________
Acquisition price plus additions: (US $m)
$26.50
__________		 Acquisition price plus additions: (US $m)
$13.05
__________		 Weighted lease term by income: (year/s)
2.5
__________
Book value: (US $m)
$28.00
__________		 Book value: (US $m)
$14.02
__________		 Available (%)
45
__________
Market cap rate (%)
6.50
__________		 Independent valuation date
Dec 2010
__________		 2012 (%)
0
__________
Initial yield (%)
8.20
__________		 Independent valuation (US $m)
$12.98
__________		 2013 (%)
0
__________
Discount rate (%)
9.25
__________		 Market cap rate (%)
6.50
__________		 2014 (%)
55
__________
Leased by area (%)
100
__________		 Initial yield (%)
6.39
__________		 2015 (%)
0
__________
Weighted lease term by income: (year/s)
4.6
__________		 Discount rate (%)
9.00
__________		 2016 (%)
0
__________
Available (%)
0
__________		 Leased by area (%)
100
__________		 2017 (%)
0
__________
2012 (%)
0
__________		 Weighted lease term by income: (year/s)
1.3
__________		 2018 (%)
0
__________
2013 (%)
0
__________		 Available (%)
0
__________		 2019 (%)
0
__________
2014 (%)
0
__________		 2012 (%)
0
__________		 2020 (%)
0
__________
2015 (%)
0
__________		 2013 (%)
100
__________		 2021+ (%)
0
__________
2016 (%)
100
__________		 2014 (%)
0
__________
2017 (%)
0
__________		 2015 (%)
0
__________
2018 (%)
0
__________		 2016 (%)
0
__________
2019 (%)
0
__________		 2017 (%)
0
__________
2020 (%)
0
__________		 2018 (%)
0
__________
2021+ (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

50 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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3550 Tyburn Street & 3332-3424 N.San Fernando Road, Los Angeles

The property comprises seven, concrete tilt-up, multi-tenant, warehouse buildings with built-up tar roof systems and are located between Glendale Boulevard and Fletcher Drive with regional access provided by the I-5 or the Glendale Freeway at San Fernando Road.

Details

Summit Oaks, 28515 Westinghouse Place, Santa Clarita

The property is a five-story Class A suburban office building in Santa Clarita, with covered parking for 380 cars plus an additional 134 cars uncovered.

Details

9210 San Fernando Road, Sun Valley

The property is located north of the Golden State (5) Freeway and the Hollywood (170) Freeway intersection on San Fernando Road at Sheldon Street. The property is a concrete tiltup, multi-tenant, warehouse/flex building with a membrane/EPDM roof system.

Details

regional access provided by the I-5 or the
Glendale Freeway at San Fernando Road.

Details
Details
 up, multi-tenant, warehouse/flex building with
a membrane/EPDM roof system.

Details
Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________		 Metro area
Los Angeles
__________
Building type
Industrial Estate
__________		 Building type
Office Park
__________		 Building type
Industrial Estate
__________
Title
Freehold with Leasehold		 Title
Freehold		 Title
Freehold
Parcel
__________		 __________
Ownership
DXS		 __________
Ownership
DXS
Ownership
DXS
__________		 __________
Zoning
BP Business Park		 __________
Zoning
M1 - 1
Zoning
LA MZ-1
__________		 __________
Year built
2008		 __________
Year built
1980
Year built
1966
__________		 __________
Site Area (acres)
4.9		 __________
Site Area (acres)
8.4
Site Area (acres)
20.7
__________		 __________
Lettable area ('000 ft2)
147		 __________
Lettable area ('000 ft2)
181.6
Lettable area ('000 ft2)
491.1
__________		 __________
Site coverage (%)
70		 __________
Site coverage (%)
50
Site coverage (%)
50
__________		 __________
Number of buildings
1		 __________
Number of buildings
1
Number of buildings
7
__________		 __________
Number of units
7		 __________
Number of units
2
Number of units
29
______
Average unit size ('000 ft2)
16.9
________		 ______
Average unit size ('000 ft2)
21
________
Office content (%)
100		 ______
Average unit size ('000 ft2)
90.8
________
Office content (%)
10
Office content (%)
10
__________		 __________
Car parking
514		 __________
Car parking
322
Car parking
118
__________		 __________
US LEED rating
Silver		 __________
Major tenant
Fedex Ground Package System
Major tenant
Anderson Printing
__________		 __________
Major tenant
Advanced Bionics Llc.		 __________
Acquisition date
Sep 2004
Acquisition date
Sep 2004
__________		 __________
Acquisition date
Dec 2006		 __________
Acquisition price plus additions: (US $m)
$14.97
Acquisition price plus additions: (US $m)
$51.78
__________		 __________
Acquisition price plus additions: (US $m)
$57.41		 __________
Book value: (US $m)
$22.37
Book value: (US $m)
$58.20
__________		 __________
Book value: (US $m)
$36.03		 __________
Independent valuation date
Dec 2010
Independent valuation date
Dec 2010
__________		 __________
Independent valuation date
Jun 2010		 __________
Independent valuation (US $m)
$20.54
Independent valuation (US $m)
$57.83
__________		 __________
Independent valuation (US $m)
$31.50		 __________
Market cap rate (%)
6.80
Market cap rate (%)
6.50
__________		 __________
Market cap rate (%)
6.75		 __________
Initial yield (%)
6.69
Initial yield (%)
6.20
__________		 __________
Initial yield (%)
7.29		 __________
Discount rate (%)
9.25
Discount rate (%)
9.00
__________		 __________
Discount rate (%)
9.50		 __________
Leased by area (%)
100
Leased by area (%)
86
__________		 __________
Leased by area (%)
100		 __________
Weighted lease term by income: (year/s)
2.6
Weighted lease term by income: (year/s)
2.5
__________		 __________
Weighted lease term by income: (year/s)
8.3		 __________
Available (%)
0
Available (%)
12
__________		 __________
Available (%)
0		 __________
2012 (%)
0
2012 (%)
30
__________		 __________
2012 (%)
0		 __________
2013 (%)
17
2013 (%)
12
__________		 __________
2013 (%)
0		 __________
2014 (%)
83
2014 (%)
7
__________		 __________
2014 (%)
0		 __________
2015 (%)
0
2015 (%)
21
__________		 __________
2015 (%)
0		 __________
2016 (%)
0
2016 (%)
5
__________		 __________
2016 (%)
0		 __________
2017 (%)
0
2017 (%)
11
__________		 __________
2017 (%)
0		 __________
2018 (%)
0
2018 (%)
1
__________		 __________
2018 (%)
0		 __________
2019 (%)
0
2019 (%)
0
__________		 __________
2019 (%)
0		 __________
2020 (%)
0
2020 (%)
0
__________		 __________
2020 (%)
100		 __________
2021+ (%)
0
2021+ (%)
0
__________		 ______
2021+ (%)
0
________		 __________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 51

inDUStriaL PortfoLio United States: west coast properties

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7510-7520 Airway Road, San Diego

The property is located in Otay Mesa off the 905 Freeway at the corner of Britannia Way and Airway Road. The 905 Freeway is located 12 miles east of the San Diego (5) Freeway. The property is a concrete tilt-up, multi-tenant, warehouse/flex building with a built-up tar roof system.

Details

Kent West Corporate Park, 21902 64th Avenue S, Kent

Kent West Corporate Park is located on the west side of West Valley Highway, 1.5 miles south of S. 212th Street. The property fronts West Valley Highway, with easy access to Interstate 5 and Highway 167.

Details

Riverbend Commerce Park, 8005 South 266th Street & 26507 79th Avenue South, Kent

Riverbend Commerce Park is located approx. two miles east of I-167 and south of S. 259th Street and Green River Road. The properties comprise two, one-story, concrete tilt-up, multi-tenant, warehouse building with a built up tar roof system.

Details

warehouse/flex building with a built-up tar roof
system.

Details
Details
 up tar roof system.

Details
Metro area
San Diego
__________		 Metro area
Seattle
__________		 Metro area
Seattle
__________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M2-1 Light Industrial
__________		 Zoning
M-1 Industrial Park District
__________		 Zoning
M-1 Industrial Park District
__________
Year built
1988
__________		 Year built
1989
__________		 Year built
1999
__________
Site Area (acres)
11.6
__________		 Site Area (acres)
19.6
__________		 Site Area (acres)
14.8
__________
Lettable area ('000 ft2)
123.1
__________		 Lettable area ('000 ft2)
402.8
__________		 Lettable area ('000 ft2)
128.3
__________
Site coverage (%)
20
__________		 Site coverage (%)
50
__________		 Site coverage (%)
20
__________
Number of buildings
2
__________		 Number of buildings
5
__________		 Number of buildings
2
__________
Number of units
6
__________		 Number of units
12
__________		 Number of units
7
__________
Average unit size ('000 ft2)
20.5
__________		 Average unit size ('000 ft2)
33.6
__________		 Average unit size ('000 ft2)
18.3
__________
Office content (%)
20
__________		 Office content (%)
20
__________		 Office content (%)
10
__________
Car parking
309
__________		 Car parking
331
__________		 Car parking
97
__________
Major tenant
Illinois Tool Works Inc
__________		 Major tenant
Graebel/Quality Movers Inc
__________		 Major tenant
Domino S Pizza Llc
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$9.77
__________		 Acquisition price plus additions: (US $m)
$29.40
__________		 Acquisition price plus additions: (US $m)
$9.69
__________
Book value: (US $m)
$8.10
__________		 Book value: (US $m)
$27.00
__________		 Book value: (US $m)
$9.53
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$8.10
__________		 Independent valuation (US $m)
$27.00
__________		 Independent valuation (US $m)
$10.00
__________
Market cap rate (%)
8.80
__________		 Market cap rate (%)
7.00
__________		 Market cap rate (%)
6.50
__________
Initial yield (%)
8.61
__________		 Initial yield (%)
6.76
__________		 Initial yield (%)
2.34
__________
Discount rate (%)
10.38
__________		 Discount rate (%)
9.00
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
99
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.6
__________		 Weighted lease term by income: (year/s)
3.5
__________		 Weighted lease term by income: (year/s)
1.9
__________
Available (%)
0
__________		 Available (%)
2
__________		 Available (%)
0
__________
2012 (%)
68
__________		 2012 (%)
31
__________		 2012 (%)
15
__________
2013 (%)
8
__________		 2013 (%)
1
__________		 2013 (%)
77
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
3
__________		 2015 (%)
0
__________
2016 (%)
24
__________		 2016 (%)
18
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
44
__________		 2017 (%)
8
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

52 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

inDUStriaL PortfoLio United States: whirlpool properties

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3691 North Perris Boulevard, Perris

13201 South Orange Avenue, Orlando

195 King Mill Road, McDonough

The property is rectangular and makes up an entire block along Perris Boulevard, between Dawes Street and Morgan Street. Access to the site is possible from both Perris Boulevard at the front of the property and at the rear by Redlands Avenue.

Details

The property is a one-story tilt up building with 32' clear height, two drive in and 44 dock high doors and 250 trailer parking stalls. It offers a 6' reinforced concrete slab handling 4,000 PSI, a steel bar joist and metal decking structure with a three-ply roof system with modified bitumen cap.

Details

The facility consists of two equally sized buildings joined by three connectors. The building has a 32' clear height, 6 drive-in doors, 310 dock-high doors and 697 trailer parking stalls. The facility is served by a railroad spur that is connected to the Norfolk Southern line.

Details

Redlands Avenue.

Details
Details

structure with a three-ply roof system with
modified bitumen cap.		 railroad spur that is connected to the Norfolk
Southern line.

Details
Metro area
Inland Empire
__________		 Metro area
Orlando
__________		 Metro area
Atlanta
__________
Building type
Warehouse
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Leasehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Light Industrial (FTZ)
__________		 Zoning
S-2 Low Hazard Storage
__________		 Zoning
M2 Industrial
__________
Year built
2007
__________		 Year built
2007
__________		 Year built
2009
__________
Site Area (acres)
80
__________		 Site Area (acres)
28.6
__________		 Site Area (acres)
91
__________
Lettable area ('000 ft2)
1,686.6
__________		 Lettable area ('000 ft2)
503.4
__________		 Lettable area ('000 ft2)
1504.8
__________
Site coverage (%)
50
__________		 Site coverage (%)
40
__________		 Site coverage (%)
40
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
1
__________		 Number of units
1
__________
Average unit size ('000 ft2)
1686.6
__________		 Average unit size ('000 ft2)
503.4
__________		 Average unit size ('000 ft2)
1504.8
__________
Office content (%)
0
__________		 Office content (%)
10
__________		 Office content (%)
0
__________
Car parking
300
__________		 Car parking
150
__________		 Car parking
184
__________
Major tenant
Whirlpool Corporation
__________		 Major tenant
Whirlpool Corporation
__________		 Major tenant
Whirlpool Corporation
__________
Acquisition date
Jan 2008
__________		 Acquisition date
Jun 2007
__________		 Acquisition date
Nov 2009
__________
Acquisition price plus additions: (US $m)
$129.57
__________		 Acquisition price plus additions: (US $m)
$26.88
__________		 Acquisition price plus additions: (US $m)
$72.25
__________
Book value: (US $m)
$121.71
__________		 Book value: (US $m)
$31.61
__________		 Book value: (US $m)
$65.94
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$107.00
__________		 Independent valuation (US $m)
$26.00
__________		 Independent valuation (US $m)
$61.70
__________
Market cap rate (%)
6.00
__________		 Market cap rate (%)
7.00
__________		 Market cap rate (%)
6.30
__________
Initial yield (%)
7.15
__________		 Initial yield (%)
7.20
__________		 Initial yield (%)
7.23
__________
Discount rate (%)
8.50
__________		 Discount rate (%)
9.50
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
6.6
__________		 Weighted lease term by income: (year/s)
6
__________		 Weighted lease term by income: (year/s)
8.4
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
100
__________		 2018 (%)
100
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
100
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 53

inDUStriaL PortfoLio United States: whirlpool properties

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6241 Shook Road, Lockbourne, Columbus

19700 38th Avenue East, Spanaway

The property is located at the northwest corner of London Groveport Road and Shook Road in the southeast area of Columbus, southeast of Interstate 270 and north of Rickenbacker International Airport.

Details

This one-story building was constructed with a structural steel frame and pre-cast concrete. The building has a 32' clear height, 2 drive-in doors, 70 dock-high doors and 218 trailer parking stalls. The facility is served by a new enclosed railroad spur that is connected to the Tacoma Rail line.

Details


Details
 enclosed railroad spur that is connected to the
Tacoma Rail line.

Details
Metro area
Columbus
__________		 Metro area
Seattle
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
LM - Manufacturing
__________		 Zoning
EC (Employee Center)
__________
Year built
2009
__________		 Year built
2009
__________
Site Area (acres)
87.1
__________		 Site Area (acres)
55.8
__________
Lettable area ('000 ft2)
1589.5
__________		 Lettable area ('000 ft2)
891.6
__________
Site coverage (%)
40
__________		 Site coverage (%)
40
__________
Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
1
__________
Average unit size ('000 ft2)
1589.5
__________		 Average unit size ('000 ft2)
891.6
__________
Office content (%)
0
__________		 Office content (%)
0
__________
Car parking
205
__________		 Car parking
103
__________
US LEED rating
Certified
__________		 US LEED rating
Gold
__________
Major tenant
Whirlpool Corporation
__________		 Major tenant
Whirlpool Corporation
__________
Acquisition date
Jul 2009
__________		 Acquisition date
Oct 2009
__________
Acquisition price plus additions: (US $m)
$64.66
__________		 Acquisition price plus additions: (US $m)
$66.59
__________
Book value: (US $m)
$59.14
__________		 Book value: (US $m)
$56.50
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$61.00
__________		 Independent valuation (US $m)
$56.50
__________
Market cap rate (%)
7.00
__________		 Market cap rate (%)
7.00
__________
Initial yield (%)
7.58
__________		 Initial yield (%)
7.78
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
8.1
__________		 Weighted lease term by income: (year/s)
8.3
__________
Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
100
__________		 2020 (%)
100
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

54 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

inDUStriaL PortfoLio United States: central – east coast properties

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300 Townpark Drive, Kennesaw

Northwest submarket, proximate to both I-75 and I-575 via Chastain Road. The property comprises two one-story concrete tilt up, multitenant flex buildings with membrane/EPDM roof systems.

Fort Holabird Industrial, 1811 & 1831 Portal Street, & 6615 Tributary Street, Baltimore

The buildings are located within one mile of the Interstate 95, Interstate 895 and the Port of Baltimore. Three, one story, brick and block composite flex buildings.

9112 Guilford Road, Columbia

Located off Route 32, just East of I-95. One story, masonry, single tenant, flex building. Roof system is membrane/EPDM.

Details

Details

Details


Details
Details
Details
Metro area
Atlanta
__________		 Metro area
Baltimore
__________		 Metro area
Baltimore
__________
Building type
Business Park
__________		 Building type
Distribution Centre
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
OS
__________		 Zoning
M-2-1 Industrial
__________		 Zoning
NT
__________
Year built
1995
__________		 Year built
1987
__________		 Year built
1999
__________
Site Area (acres)
10
__________		 Site Area (acres)
10.8
__________		 Site Area (acres)
4.8
__________
Lettable area ('000 ft2)
121.4
__________		 Lettable area ('000 ft2)
172.4
__________		 Lettable area ('000 ft2)
55
__________
Site coverage (%)
30
__________		 Site coverage (%)
40
__________		 Site coverage (%)
30
__________
Number of buildings
2
__________		 Number of buildings
3
__________		 Number of buildings
1
__________
Number of units
11
__________		 Number of units
12
__________		 Number of units
1
__________
Average unit size ('000 ft2)
11
__________		 Average unit size ('000 ft2)
14.4
__________		 Average unit size ('000 ft2)
55
__________
Office content (%)
20
__________		 Office content (%)
20
__________		 Office content (%)
100
__________
Car parking
206
__________		 Car parking
227
__________		 Car parking
161
__________
Major tenant
Dedicated Transport Services
__________		 Major tenant
Fedex Ground Package
__________		 Major tenant
Sandy Spring Nat L Bank Of Md
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Jun 2005
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$6.78
__________		 Acquisition price plus additions: (US $m)
$11.39
__________		 Acquisition price plus additions: (US $m)
$7.98
__________
Book value: (US $m)
$4.50
__________		 Book value: (US $m)
$10.04
__________		 Book value: (US $m)
$7.68
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$4.50
__________		 Independent valuation (US $m)
$10.04
__________		 Independent valuation (US $m)
$6.50
__________
Market cap rate (%)
8.50
__________		 Market cap rate (%)
7.75
__________		 Market cap rate (%)
8.80
__________
Initial yield (%)
4.38
__________		 Initial yield (%)
8.12
__________		 Initial yield (%)
8.77
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
8.75
__________		 Discount rate (%)
8.50
__________
Leased by area (%)
56
__________		 Leased by area (%)
95
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.3
__________		 Weighted lease term by income: (year/s)
3.3
__________		 Weighted lease term by income: (year/s)
3.6
__________
Available (%)
42
__________		 Available (%)
5
__________		 Available (%)
0
__________
2012 (%)
33
__________		 2012 (%)
2
__________		 2012 (%)
0
__________
2013 (%)
8
__________		 2013 (%)
25
__________		 2013 (%)
0
__________
2014 (%)
11
__________		 2014 (%)
21
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
100
__________
2016 (%)
6
__________		 2016 (%)
39
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
2
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
5
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 55

inDUStriaL PortfoLio United States: central – east coast properties

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8155 Stayton Drive, Jessup

8306 Patuxent Range Road & 8332 Bristol Court, Jessup

8350 & 8351 Bristol Court, Jessup

Located in the Balt/Wash Industrial Park which is just off Route 1 between Route 175 and Route 32. One story, masonry, multi-tenant warehouse/flex building. Roof system is builtup tar.

Details

Located in the Baltimore/Washington Industrial Park, which is just off of US Route 1. The property provides two one story, concrete tilt up multi-tenant warehouse buildings with a membrane/EPDM roof system.

Details

Located in the Balt/Wash Industrial Park (BWIP), which is just off US Route 1 between Route 175 and Route 32. Two, one story, concrete tilt up multi-tenant warehouse buildings. Roof systems are membrane/EPDM.

Details

warehouse/flex building. Roof system is built-
up tar.

Details
 up multi-tenant warehouse buildings with a
membrane/EPDM roof system.

Details
 concrete tilt up multi-tenant warehouse
buildings. Roof systems are membrane/EPDM.

Details
Metro area
Baltimore
__________		 Metro area
Baltimore
__________		 Metro area
Baltimore
__________
Building type
Industrial Estate
__________		 Building type
Business Park
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M-2 Manufacturing Heavy
__________		 Zoning
M-2 Manufacturing Heavy
__________		 Zoning
M-2 Manufacturing Heavy
__________
Year built
1985
__________		 Year built
1985
__________		 Year built
1986
__________
Site Area (acres)
8.9
__________		 Site Area (acres)
9.1
__________		 Site Area (acres)
10.6
__________
Lettable area ('000 ft2)
125.6
__________		 Lettable area ('000 ft2)
151.9
__________		 Lettable area ('000 ft2)
133.4
__________
Site coverage (%)
30
__________		 Site coverage (%)
40
__________		 Site coverage (%)
30
__________
Number of buildings
1
__________		 Number of buildings
2
__________		 Number of buildings
2
__________
Number of units
4
__________		 Number of units
16
__________		 Number of units
16
__________
Average unit size ('000 ft2)
31.4
__________		 Average unit size ('000 ft2)
9.5
__________		 Average unit size ('000 ft2)
8.3
__________
Office content (%)
10
__________		 Office content (%)
20
__________		 Office content (%)
10
__________
Car parking
89.9
__________		 Car parking
134
__________		 Car parking
115
__________
Major tenant
Thyssenkrupp Indus Svcs Na
__________		 Major tenant
Eastern Connection Company
__________		 Major tenant
SPC Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$7.30
__________		 Acquisition price plus additions: (US $m)
$12.25
__________		 Acquisition price plus additions: (US $m)
$11.07
__________
Book value: (US $m)
$6.20
__________		 Book value: (US $m)
$9.75
__________		 Book value: (US $m)
$9.90
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$6.20
__________		 Independent valuation (US $m)
$8.80
__________		 Independent valuation (US $m)
$8.30
__________
Market cap rate (%)
8.70
__________		 Market cap rate (%)
8.30
__________		 Market cap rate (%)
7.80
__________
Initial yield (%)
4.27
__________		 Initial yield (%)
5.94
__________		 Initial yield (%)
7.80
__________
Discount rate (%)
9.25
__________		 Discount rate (%)
9.00
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
58
__________		 Leased by area (%)
73
__________		 Leased by area (%)
98
__________
Weighted lease term by income: (year/s)
2.4
__________		 Weighted lease term by income: (year/s)
2.2
__________		 Weighted lease term by income: (year/s)
2.3
__________
Available (%)
36
__________		 Available (%)
28
__________		 Available (%)
2
__________
2012 (%)
33
__________		 2012 (%)
27
__________		 2012 (%)
13
__________
2013 (%)
0
__________		 2013 (%)
12
__________		 2013 (%)
55
__________
2014 (%)
0
__________		 2014 (%)
12
__________		 2014 (%)
7
__________
2015 (%)
0
__________		 2015 (%)
9
__________		 2015 (%)
0
__________
2016 (%)
31
__________		 2016 (%)
3
__________		 2016 (%)
23
__________
2017 (%)
0
__________		 2017 (%)
9
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

56 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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MD Wholesale Food Market, 7951 Ocean Avenue & 7970 Tarbay Drive, Jessup

The buildings are located in the MD Wholesale Food Market which is just off US Route 1 at Route 175. Two, one story, masonry and metal, multi-tenant warehouse buildings. Roof systems are metal.

Details

1015 & 1025 West Nursery Road, Linthicum Heights

Located just east of the intersection of I- 295 and I-695 interchange. Two one-story, masonry and metal, multi-tenant, warehouse/ flex buildings. Roof systems are metal.

Details

Cabot Techs, 989-991 Corporate Boulevard, Linthicum Heights

Located just northeast of the intersection of I- 295 and I-95. One-story, masonry, multitenant, flex buildings. Roof systems are membrane/EPDM.

Details

metal, multi-tenant warehouse buildings. Roof
systems are metal.

Details
 flex buildings. Roof systems are metal.

Details
 membrane/EPDM.

Details
Metro area
Baltimore
__________		 Metro area
Baltimore
__________		 Metro area
Baltimore
__________
Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M-1
__________		 Zoning
W1 - Industrial Park District
__________		 Zoning
W1 - Industrial Park District
__________
Year built
1987
__________		 Year built
1990
__________		 Year built
1999
__________
Site Area (acres)
19.7
__________		 Site Area (acres)
7.8
__________		 Site Area (acres)
10.5
__________
Lettable area ('000 ft2)
453.9
__________		 Lettable area ('000 ft2)
88.1
__________		 Lettable area ('000 ft2)
130.7
__________
Site coverage (%)
50
__________		 Site coverage (%)
30
__________		 Site coverage (%)
30
__________
Number of buildings
2
__________		 Number of buildings
2
__________		 Number of buildings
2
__________
Number of units
4
__________		 Number of units
6
__________		 Number of units
8
__________
Average unit size ('000 ft2)
113.5
__________		 Average unit size ('000 ft2)
14.7
__________		 Average unit size ('000 ft2)
16.3
__________
Office content (%)
0
__________		 Office content (%)
50
__________		 Office content (%)
80
__________
Car parking
107
__________		 Car parking
210
__________		 Car parking
660
__________
Major tenant
B&E Storage
__________		 Major tenant
Tender Heart Group Llc
__________		 Major tenant
State Of Maryland
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$19.62
__________		 Acquisition price plus additions: (US $m)
$8.12
__________		 Acquisition price plus additions: (US $m)
$21.66
__________
Book value: (US $m)
$18.40
__________		 Book value: (US $m)
$5.20
__________		 Book value: (US $m)
$15.79
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$16.40
__________		 Independent valuation (US $m)
$5.20
__________		 Independent valuation (US $m)
$14.81
__________
Market cap rate (%)
9.00
__________		 Market cap rate (%)
7.75
__________		 Market cap rate (%)
9.30
__________
Initial yield (%)
7.63
__________		 Initial yield (%)
5.74
__________		 Initial yield (%)
8.13
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
8.75
__________		 Discount rate (%)
9.25
__________
Leased by area (%)
77
__________		 Leased by area (%)
73
__________		 Leased by area (%)
81
__________
Weighted lease term by income: (year/s)
4.8
__________		 Weighted lease term by income: (year/s)
3.4
__________		 Weighted lease term by income: (year/s)
3
__________
Available (%)
22
__________		 Available (%)
26
__________		 Available (%)
17
__________
2012 (%)
6
__________		 2012 (%)
0
__________		 2012 (%)
16
__________
2013 (%)
0
__________		 2013 (%)
17
__________		 2013 (%)
9
__________
2014 (%)
0
__________		 2014 (%)
26
__________		 2014 (%)
15
__________
2015 (%)
52
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
14
__________		 2016 (%)
28
__________
2017 (%)
0
__________		 2017 (%)
18
__________		 2017 (%)
14
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
20
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 57

inDUStriaL PortfoLio United States: central – east coast properties

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NE Baltimore, 21 & 23 Fontana Lane, Rosedale

3520-3600 Westinghouse Boulevard, Charlotte

9900 Brookford Street, Charlotte

The buildings are located just off Route 7, onehalf mile north of I-695 (Baltimore Beltway). Two, one story, masonry multi-tenant warehouse/flex buildings. Roof systems are membrane/EPDM.

Details

The property is southwest of I-485 and northeast of Route 160 at the intersection of Westinghouse Blvd and Goodrich Drive. Four one story, concrete tilt-up masonry, single tenant warehouse buildings. Roof systems are membrane EPDM.

Details

The property is located northwest Intersection of I-77, Westinghouse Blvd exit and southwest of the I-485, Tyron Avenue exit. One story, masonry, multi-tenant warehouse building. Roof systems are membrane EPDM.

Details

membrane/EPDM.

Details
 tenant warehouse buildings. Roof systems are
membrane EPDM.

Details
 Roof systems are membrane EPDM.

Details
Metro area
Baltimore
__________		 Metro area
Charlotte
__________		 Metro area
Charlotte
__________
Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
ML-IM
__________		 Zoning
I-2
__________		 Zoning
I-2
__________
Year built
1988
__________		 Year built
1984
__________		 Year built
1984
__________
Site Area (acres)
7
__________		 Site Area (acres)
31.1
__________		 Site Area (acres)
10.8
__________
Lettable area ('000 ft2)
108.8
__________		 Lettable area ('000 ft2)
568.5
__________		 Lettable area ('000 ft2)
122
__________
Site coverage (%)
40
__________		 Site coverage (%)
40
__________		 Site coverage (%)
30
__________
Number of buildings
2
__________		 Number of buildings
4
__________		 Number of buildings
1
__________
Number of units
16
__________		 Number of units
7
__________		 Number of units
2
__________
Average unit size ('000 ft2)
6.8
__________		 Average unit size ('000 ft2)
81.2
__________		 Average unit size ('000 ft2)
61
__________
Office content (%)
30
__________		 Office content (%)
10
__________		 Office content (%)
10
__________
Car parking
236
__________		 Car parking
406
__________		 Car parking
80
__________
Major tenant
Ps Graphics Inc
__________		 Major tenant
Cpp International
__________		 Major tenant
Visy Recycling Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$7.52
__________		 Acquisition price plus additions: (US $m)
$21.58
__________		 Acquisition price plus additions: (US $m)
$4.15
__________
Book value: (US $m)
$6.68
__________		 Book value: (US $m)
$15.40
__________		 Book value: (US $m)
$2.24
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$6.24
__________		 Independent valuation (US $m)
$15.40
__________		 Independent valuation (US $m)
$3.10
__________
Market cap rate (%)
9.00
__________		 Market cap rate (%)
8.50
__________		 Market cap rate (%)
10.78
__________
Initial yield (%)
5.43
__________		 Initial yield (%)
4.40
__________		 Initial yield (%)
7.32
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
9.75
__________		 Discount rate (%)
10.00
__________
Leased by area (%)
52
__________		 Leased by area (%)
54
__________		 Leased by area (%)
51
__________
Weighted lease term by income: (year/s)
1.8
__________		 Weighted lease term by income: (year/s)
5.9
__________		 Weighted lease term by income: (year/s)
1.1
__________
Available (%)
46
__________		 Available (%)
51
__________		 Available (%)
43
__________
2012 (%)
24
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
12
__________		 2013 (%)
0
__________		 2013 (%)
57
__________
2014 (%)
8
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
10
__________		 2017 (%)
36
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
13
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

58 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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10013-11093 Kenwood Road, Cincinnati

The property is located just west of the I-71/I275 interchange. Seven one story, concrete tilt-up/masonry and metal, single/multi- tenant warehouse buildings. Roof systems are built up tar and metal.

World Park, 9756 & 9842 International Boulevard, Cincinnati

West of I-75 and east of Route 747. The property is located near the intersection of International Blvd and Duff Drive. Two one story, concrete tilt-up, single tenant warehouse buildings. Roof systems are built up tar.

1825 Airport Exchange Boulevard, Erlanger

The property is located north of the I-275, Mineola Pike exit. One story, concrete tilt-up multi-tenant flex building. Roof system is membrane/EPDM.

Details

Details

Details


Details
Details
Details
Metro area
Cincinnati
__________		 Metro area
Cincinnati
__________		 Metro area
Cincinnati
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M-1 Industrial District
__________		 Zoning
M-2 General Industrial
__________		 Zoning
I-1
__________
Year built
1964
__________		 Year built
1990
__________		 Year built
1997
__________
Site Area (acres)
40.6
__________		 Site Area (acres)
23.4
__________		 Site Area (acres)
5.7
__________
Lettable area ('000 ft2)
770.1
__________		 Lettable area ('000 ft2)
396.8
__________		 Lettable area ('000 ft2)
67.7
__________
Site coverage (%)
40
__________		 Site coverage (%)
40
__________		 Site coverage (%)
30
__________
Number of buildings
7
__________		 Number of buildings
2
__________		 Number of buildings
1
__________
Number of units
11
__________		 Number of units
2
__________		 Number of units
6
__________
Average unit size ('000 ft2)
70
__________		 Average unit size ('000 ft2)
198.4
__________		 Average unit size ('000 ft2)
11.3
__________
Office content (%)
0
__________		 Office content (%)
0
__________		 Office content (%)
20
__________
Car parking
340
__________		 Car parking
363
__________		 Car parking
134
__________
Major tenant
Commonwealth Inc.
__________		 Acquisition date
Sep 2004
__________		 Major tenant
Kuehne + Nagel Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition price plus additions: (US $m)
$13.02
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$19.94
__________		 Book value: (US $m)
$6.85
__________		 Acquisition price plus additions: (US $m)
$4.44
__________
Book value: (US $m)
$14.00
__________		 Independent valuation date
Dec 2010
__________		 Book value: (US $m)
$1.78
__________
Independent valuation date
Jun 2011
__________		 Independent valuation (US $m)
$7.00
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$14.00
__________		 Market cap rate (%)
9.25
__________		 Independent valuation (US $m)
$1.76
__________
Market cap rate (%)
9.00
__________		 Discount rate (%)
10.25
__________		 Market cap rate (%)
9.85
__________
Initial yield (%)
9.37
__________		 Available (%)
100
__________		 Initial yield (%)
13.98
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
10.50
__________
Leased by area (%)
65
__________		 Leased by area (%)
55
__________
Weighted lease term by income: (year/s)
4.9
__________		 Weighted lease term by income: (year/s)
1.7
__________
Available (%)
30
__________		 Available (%)
34
__________
2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
4
__________		 2013 (%)
47
__________
2014 (%)
30
__________		 2014 (%)
19
__________
2015 (%)
11
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
24
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 59

inDUStriaL PortfoLio United States: central – east coast properties

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7453 Empire Drive, Florence

7930 & 7940 Kentucky Drive, Florence

1910 International Way, Hebron

Proximate to I-71/I-75 & Dixie Highway just southwest of the Dixie Highway and Industrial Road intersection. Three one story, masonry single/multi-tenant warehouse buildings. Roof systems are membrane/EPDM.

Details

The property is located just east of I-71/I-75, proximate to Dixie Highway and Industrial Road intersection. Two one story, concrete tiltup & masonry and metal, single/multi- tenant warehouse/flex buildings. Roof systems are membrane/EPDM and metal.

Details

Located at the intersection of I-275 and North Bend Road at South Park. One story, concrete tilt-up, single tenant warehouse building. Roof system is membrane/EPDM.

Details

systems are membrane/EPDM.

Details
 warehouse/flex buildings. Roof systems are
membrane/EPDM and metal.

Details
Details
Metro area
Cincinnati
__________		 Metro area
Cincinnati
__________		 Metro area
Cincinnati
__________
Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
I-2
__________		 Zoning
I-2
__________		 Zoning
I-1
__________
Year built
1991
__________		 Year built
1991
__________		 Year built
1990
__________
Site Area (acres)
22.4
__________		 Site Area (acres)
27.7
__________		 Site Area (acres)
19.48
__________
Lettable area ('000 ft2)
196.9
__________		 Lettable area ('000 ft2)
347.4
__________		 Lettable area ('000 ft2)
300
__________
Site coverage (%)
20
__________		 Site coverage (%)
30
__________		 Site coverage (%)
0.7
__________
Number of buildings
3
__________		 Number of buildings
2
__________		 Number of buildings
1
__________
Number of units
8
__________		 Number of units
3
__________		 Number of units
1
__________
Average unit size ('000 ft2)
24.6
__________		 Average unit size ('000 ft2)
115.8
__________		 Average unit size ('000 ft2)
300
__________
Office content (%)
10
__________		 Office content (%)
20
__________		 Office content (%)
0
__________
Car parking
258
__________		 Car parking
371
__________		 Car parking
134.4
__________
Major tenant
Bwf America
__________		 Major tenant
Irs/General Services Admin.
__________		 Major tenant
Qualis Automotive
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$6.57
__________		 Acquisition price plus additions: (US $m)
$12.56
__________		 Acquisition price plus additions: (US $m)
$10.28
__________
Book value: (US $m)
$4.18
__________		 Book value: (US $m)
$11.61
__________		 Book value: (US $m)
$9.38
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$4.01
__________		 Independent valuation (US $m)
$10.53
__________		 Independent valuation (US $m)
$9.20
__________
Market cap rate (%)
10.79
__________		 Market cap rate (%)
10.70
__________		 Market cap rate (%)
9.54
__________
Initial yield (%)
9.35
__________		 Initial yield (%)
10.70
__________		 Initial yield (%)
9.54
__________
Discount rate (%)
10.50
__________		 Discount rate (%)
9.50
__________		 Discount rate (%)
9.00
__________
Leased by area (%)
46
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.8
__________		 Weighted lease term by income: (year/s)
6.3
__________		 Weighted lease term by income: (year/s)
3.3
__________
Available (%)
43
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
17
__________		 2012 (%)
0
__________		 2012 (%)
0
__________
2013 (%)
35
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
100
__________
2016 (%)
0
__________		 2016 (%)
33
__________		 2016 (%)
0
__________
2017 (%)
5
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
67
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

60 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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2700 International Street, Columbus

Northwest of the I-270 and Roberts Road interchange. Single one story concrete tilt up, multi tenant warehouse building. Roof system is membrane/EPDM.

Details

4343 & 4401 Equity Drive, 16141634 Westbelt Drive & 19011919 Dividend Drive, Columbus

The properties are located just north of the I- 70 and I-270 interchange, between Tribune Road and Roberts Road. Four one story, concrete tilt up, multi tenant warehouse/flex buildings. Roof systems are built-up tar and membrane/EPDM.

Details

SE Columbus, 2626 Port Road, Columbus

Intersection of 270 and Alum Creek Drive at Rickenbacker Airport. Two one story, concrete tilt up, multi tenant warehouse buildings.

Details


Details
 buildings. Roof systems are built-up tar and
membrane/EPDM.

Details
Details
Metro area
Columbus
__________		 Metro area
Columbus
__________		 Metro area
Columbus
__________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
M Manufacturing District
__________		 Zoning
M-2 Manufacturing District
__________		 Zoning
Industrial, City of Columbus
__________
Year built
1988
__________		 Year built
1980
__________		 Year built
1995
__________
Site Area (acres)
12.4
__________		 Site Area (acres)
39
__________		 Site Area (acres)
17.5
__________
Lettable area ('000 ft2)
152.8
__________		 Lettable area ('000 ft2)
717.7
__________		 Lettable area ('000 ft2)
156.6
__________
Site coverage (%)
30
__________		 Site coverage (%)
42
__________		 Site coverage (%)
50
__________
Number of buildings
1
__________		 Number of buildings
4
__________		 Number of buildings
2
__________
Number of units
2
__________		 Number of units
14
__________		 Number of units
4
__________
Average unit size ('000 ft2)
76.4
__________		 Average unit size ('000 ft2)
51.3
__________		 Average unit size ('000 ft2)
39.2
__________
Office content (%)
10
__________		 Office content (%)
16
__________		 Office content (%)
10
__________
Car parking
390
__________		 Car parking
494
__________		 Car parking
229
__________
Acquisition date
Sep 2004
__________		 Major tenant
United Stationers Supply
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$4.55
__________		 Acquisition date
Sep 2004
__________		 Acquisition price plus additions: (US $m)
$5.14
__________
Book value: (US $m)
$2.08
__________		 Acquisition price plus additions: (US $m)
$26.60
__________		 Book value: (US $m)
$2.03
__________
Independent valuation date
Dec 2010
__________		 Book value: (US $m)
$18.08
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$2.60
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation (US $m)
$2.55
__________
Market cap rate (%)
11.59
__________		 Independent valuation (US $m)
$17.91
__________		 Market cap rate (%)
10.66
__________
Discount rate (%)
10.50
__________		 Market cap rate (%)
10.54
__________		 Discount rate (%)
10.50
__________
Available (%)
100
__________		 Initial yield (%)
10.54
__________		 Available (%)
100
__________
Discount rate (%)
10.25
__________
Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
3.1
__________
Available (%)
0
__________
2012 (%)
1
__________
2013 (%)
26
__________
2014 (%)
24
__________
2015 (%)
23
__________
2016 (%)
21
__________
2017 (%)
0
__________
2018 (%)
4
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 61

inDUStriaL PortfoLio United States: central – east coast properties

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912 113th Street & 2300 East Randoll Mill Road, Arlington

555 Airline Drive, Coppell

11411, 11460-11480 & 1155011560 Hillguard Road, Dallas

912 113th Street is located near Interstate Highway 30 in Arlington, Texas. 2300 East Randol Mill Road is located between Interstate Highway 30 and Interstate Highway 20. The properties comprise two single story, concrete tilt up, single tenant, flex buildings with membrane/EPDM roof systems.

Details

Situated east of Highway 35 in Coppell, Texas, the property can be accessed from Dickerson Parkway or Bradley Lane and is a single story, concrete tilt up, single tenant, office/warehouse building with a membrane/ EPDM roof systems.

Details

The properties are located east of I-635 between Forest Lane and Miller Road. The properties comprise three single story, concrete tilt up, multi-tenant, warehouse/flex buildings with membrane/EPDM roof systems.

Details

tilt up, single tenant, flex buildings with
membrane/EPDM roof systems.

Details
 systems.

Details
Details
Metro area
Dallas		 Metro area
Dallas		 Metro area
Dallas
__________ __________ __________
Building type
Business Park
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
IM - Industrial Manufacturing
__________		 Zoning
Office/Warehouse
__________		 Zoning
IR - Industrial Research District
__________
Year built
1979
__________		 Year built
1990
__________		 Year built
1980
__________
Site Area (acres)
7.3
__________		 Site Area (acres)
6.6
__________		 Site Area (acres)
12.6
__________
Lettable area ('000 ft2)
130.6
__________		 Lettable area ('000 ft2)
140.8
__________		 Lettable area ('000 ft2)
247.7
__________
Site coverage (%)
0.4
__________		 Site coverage (%)
50
__________		 Site coverage (%)
50
__________
Number of buildings
2
__________		 Number of buildings
1
__________		 Number of buildings
3
__________
Number of units
3
__________		 Number of units
2
__________		 Number of units
9
__________
Average unit size ('000 ft2)
43.541
__________		 Average unit size ('000 ft2)
70.4
__________		 Average unit size ('000 ft2)
27.5
__________
Office content (%)
50
__________		 Office content (%)
10
__________		 Office content (%)
10
__________
Car parking
274
__________		 Car parking
242
__________		 Car parking
333
__________
Major tenant
B & E Industries Ltd
__________		 Major tenant
Rediform Inc.
__________		 Major tenant
Sugar Stix Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$8.64
__________		 Acquisition price plus additions: (US $m)
$6.66
__________		 Acquisition price plus additions: (US $m)
$9.19
__________
Book value: (US $m)
$6.60
__________		 Book value: (US $m)
$5.26
__________		 Book value: (US $m)
$8.24
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$6.60
__________		 Independent valuation (US $m)
$4.70
__________		 Independent valuation (US $m)
$7.12
__________
Market cap rate (%)
7.75
__________		 Market cap rate (%)
8.07
__________		 Market cap rate (%)
8.63
__________
Initial yield (%)
1.90
__________		 Initial yield (%)
8.07
__________		 Initial yield (%)
8.63
__________
Discount rate (%)
9.00
__________		 Discount rate (%)
8.75
__________		 Discount rate (%)
9.25
__________
Leased by area (%)
61
__________		 Leased by area (%)
100
__________		 Leased by area (%)
88
__________
Weighted lease term by income: (year/s)
5.1
__________		 Weighted lease term by income: (year/s)
2.9
__________		 Weighted lease term by income: (year/s)
2.7
__________
Available (%)
53
__________		 Available (%)
0
__________		 Available (%)
12
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
21
__________
2013 (%)
0
__________		 2013 (%)
70
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
47
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
7
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
47
__________		 2017 (%)
30
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
12
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

62 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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1900 Diplomat Drive, Dallas

2055 Diplomat Drive, Dallas

CTC at Valwood, 13755 Hutton Drive, Dallas

Located west of Highway 35 in Carrollton, Texas, the property is accessible by Benchmark Drive and Diplomat Drive. The property is a single story, concrete tilt up, multi-tenant, flex building with a built up tar roof system.

Located west of Highway 35 in Carrollton, Texas, the property is accessible by Benchmark Drive and Diplomat Drive. The property is a single story, concrete tilt up, single tenant, flex building with a built up tar roof system.

This building is in the northwest region of Dallas County at the intersection of Hutton Drive and Hutton Court between Route 175 and Route 32. The property has concrete tilt wall panels with a glass storefront and is a multi-tenant, flex building.

Details

Details

Details


Details
Details
Details
Metro area
Dallas		 Metro area
Dallas		 Metro area
Dallas
__________ __________ __________
Building type
Business Park
__________		 Building type
Business Park
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
LI -1 Light Industrial
__________		 Zoning
LI -1 Light Industrial
__________		 Zoning
LI -1 Light Industrial
__________
Year built
1984
__________		 Year built
1997
__________		 Year built
2001
__________
Site Area (acres)
4.4
__________		 Site Area (acres)
2.6
__________		 Site Area (acres)
3.2
__________
Lettable area ('000 ft2)
82.8
__________		 Lettable area ('000 ft2)
53.4
__________		 Lettable area ('000 ft2)
46.9
__________
Site coverage (%)
40
__________		 Site coverage (%)
50
__________		 Site coverage (%)
30
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
2
__________		 Number of units
1
__________		 Number of units
2
__________
Average unit size ('000 ft2)
41.4
__________		 Average unit size ('000 ft2)
53.4
__________		 Average unit size ('000 ft2)
23.4
__________
Office content (%)
40
__________		 Office content (%)
30
__________		 Office content (%)
0
__________
Car parking
157
__________		 Car parking
116
__________		 Car parking
187
__________
Major tenant
Statement Systems Inc.
__________		 Acquisition date
Sep 2004
__________		 Major tenant
Lanvera Ltd
__________
Acquisition date
Sep 2004
__________		 Acquisition price plus additions: (US $m)
$3.49
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$5.08
__________		 Book value: (US $m)
$1.95
__________		 Acquisition price plus additions: (US $m)
$3.35
__________
Book value: (US $m)
$3.16
__________		 Independent valuation date
Jun 2011
__________		 Book value: (US $m)
$3.56
__________
Independent valuation date
Jun 2010
__________		 Independent valuation (US $m)
$1.95
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$3.20
__________		 Market cap rate (%)
8.00
__________		 Independent valuation (US $m)
$3.80
__________
Market cap rate (%)
9.26
__________		 Discount rate (%)
9.00
__________		 Market cap rate (%)
9.60
__________
Initial yield (%)
3.52
__________		 Available (%)
100
__________		 Initial yield (%)
5.83
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
37
__________		 Leased by area (%)
72
__________
Weighted lease term by income: (year/s)
3.9
__________		 Weighted lease term by income: (year/s)
0.8
__________
Available (%)
61
__________		 Available (%)
25
__________
2012 (%)
0
__________		 2012 (%)
75
__________
2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
39
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 63

inDUStriaL PortfoLio United States: central – east coast properties

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11011 Regency Crest Drive, Garland

Garland Jupiter, Garland

1600-1700 Capital Avenue, Plano

The property is located east of I-635 in the city of Dallas, Texas. It is accessible from Sanden Drive and Regency Crest Drive. The property is a single story, concrete tilt up, multi-tenant, warehouse building with a built up tar roof system.

Details

This 25.6-acre development land site was purchased on 30 June 2006 and is located in Dallas, Texas.

Details

These buildings are located north of I-90 in Plano, Texas and comprise two, single story, concrete tilt-up, multi-tenant, warehouse/flex buildings with built up tar roof systems.

Details

warehouse building with a built up tar roof
system.

Details
Details
Details
Metro area
Dallas
__________		 Metro area
Dallas
__________		 Metro area
Dallas
__________
Building type
Distribution Centre
__________		 Building type
Land
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
IR - Industrial Research
__________		 Site Area (acres)
25.6
__________		 Zoning
LI -1 Light Industrial
__________
Year built
1999
__________		 Lettable area ('000 ft2)
-
__________		 Year built
1986
__________
Site Area (acres)
8.8
__________		 Site coverage (%)
0
__________		 Site Area (acres)
5.7
__________
Lettable area ('000 ft2)
176.6
__________		 Number of buildings
0
__________		 Lettable area ('000 ft2)
100.5
__________
Site coverage (%)
50
__________		 Average unit size ('000 ft2)
0
__________		 Site coverage (%)
40
__________
Number of buildings
1
__________		 Office content (%)
0
__________		 Number of buildings
2
__________
Number of units
4
__________		 Car parking
0
__________		 Number of units
6
__________
Average unit size ('000 ft2)
44.2
__________		 Acquisition date
Jun 2006
__________		 Average unit size ('000 ft2)
16.8
__________
Office content (%)
10
__________		 Acquisition price plus additions: (US $m)
$3.33
__________		 Office content (%)
30
__________
Car parking
287
__________		 Book value: (US $m)
$2.23
__________		 Car parking
225
__________
Major tenant
Trane
__________		 Independent valuation date
Jun 2010
__________		 Major tenant
Moco Enterprises Llc
__________
Acquisition date
Sep 2004
__________		 Independent valuation (US $m)
$2.23
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$7.47
__________		 Available (%)
0
__________		 Acquisition price plus additions: (US $m)
$6.87
__________
Book value: (US $m)
$6.47
__________		 Book value: (US $m)
$6.32
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$6.30
__________		 Independent valuation (US $m)
$5.84
__________
Market cap rate (%)
8.49
__________		 Market cap rate (%)
9.11
__________
Initial yield (%)
8.49
__________		 Initial yield (%)
8.12
__________
Discount rate (%)
8.25
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
2.5
__________		 Weighted lease term by income: (year/s)
3
__________
Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
0
__________		 2012 (%)
12
__________
2013 (%)
59
__________		 2013 (%)
20
__________
2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
16
__________		 2015 (%)
41
__________
2016 (%)
25
__________		 2016 (%)
15
__________
2017 (%)
0
__________		 2017 (%)
12
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

64 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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1800-1808 10th Street, Plano

These properties are located north of I-90 in Plano, Texas and comprise two, multi-tenant, concrete tilt-up, warehouse/flex buildings with built up tar roof systems.

Details

2701, 2801, 2805 East Plano Parkway & 2700 Summit Avenue, Plano

Located north of I-90 and east of the North Central Expressway, the properties are accessible from East Plano Parkway and comprise four single story, concrete tilt-up, multi-tenant, warehouse/flex buildings with built up tar roof systems.

Details

3601 East Plano Parkway & 1000 Shiloh Road, Plano

Located north of I-90 and east of the North Central Expressway, the properties are accessible from East Plano Parkway and comprise two single story, concrete tilt-up, multi-tenant, warehouse/flex buildings with membrane/EPDM roof systems.

Details


Details
 multi-tenant, warehouse/flex buildings with
built up tar roof systems.

Details
 multi-tenant, warehouse/flex buildings with
membrane/EPDM roof systems.

Details
Metro area
Dallas		 Metro area
Dallas		 Metro area
Dallas
__________ __________ __________
Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
LI -1 Light Industrial
__________		 Zoning
RT - Research Technology
__________		 Zoning
RT - Research Technology
__________
Year built
1986
__________		 Year built
1998
__________		 Year built
1998
__________
Site Area (acres)
11.3
__________		 Site Area (acres)
21.2
__________		 Site Area (acres)
19.5
__________
Lettable area ('000 ft2)
209.5
__________		 Lettable area ('000 ft2)
306.6
__________		 Lettable area ('000 ft2)
286.9
__________
Site coverage (%)
0.4
__________		 Site coverage (%)
30
__________		 Site coverage (%)
30
__________
Number of buildings
2
__________		 Number of buildings
4
__________		 Number of buildings
2
__________
Number of units
8
__________		 Number of units
10
__________		 Number of units
8
__________
Average unit size ('000 ft2)
26.186
__________		 Average unit size ('000 ft2)
30.7
__________		 Average unit size ('000 ft2)
35.9
__________
Office content (%)
0.1
__________		 Office content (%)
40
__________		 Office content (%)
10
__________
Car parking
429.1
__________		 Car parking
897
__________		 Car parking
600
__________
Major tenant
Drinks Unique Inc.
__________		 Major tenant
Xo Communications Inc.
__________		 Major tenant
Genband Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$10.11
__________		 Acquisition price plus additions: (US $m)
$22.40
__________		 Acquisition price plus additions: (US $m)
$13.57
__________
Book value: (US $m)
$9.45
__________		 Book value: (US $m)
$23.14
__________		 Book value: (US $m)
$13.15
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$10.79
__________		 Independent valuation (US $m)
$21.90
__________		 Independent valuation (US $m)
$13.70
__________
Market cap rate (%)
9.12
__________		 Market cap rate (%)
7.90
__________		 Market cap rate (%)
9.60
__________
Initial yield (%)
5.61
__________		 Initial yield (%)
7.47
__________		 Initial yield (%)
1.94
__________
Discount rate (%)
9.00
__________		 Discount rate (%)
9.00
__________		 Discount rate (%)
9.25
__________
Leased by area (%)
76
__________		 Leased by area (%)
93
__________		 Leased by area (%)
44
__________
Weighted lease term by income: (year/s)
3
__________		 Weighted lease term by income: (year/s)
2.1
__________		 Weighted lease term by income: (year/s)
2.1
__________
Available (%)
25
__________		 Available (%)
7
__________		 Available (%)
58
__________
2012 (%)
10
__________		 2012 (%)
38
__________		 2012 (%)
13
__________
2013 (%)
17
__________		 2013 (%)
5
__________		 2013 (%)
5
__________
2014 (%)
0
__________		 2014 (%)
25
__________		 2014 (%)
14
__________
2015 (%)
25
__________		 2015 (%)
11
__________		 2015 (%)
10
__________
2016 (%)
15
__________		 2016 (%)
4
__________		 2016 (%)
0
__________
2017 (%)
8
__________		 2017 (%)
7
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
3
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 65

inDUStriaL PortfoLio United States: central – east coast properties

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820-860 F Avenue, Plano

Plano Parkway, Plano

885 East Collins Boulevard, Richardson

The property is located east of the North Central Expressway in Plano, Texas. The property comprises three single story, masonry, multi-tenant, flex buildings with built up tar roof systems.

This 13.5-acre development land site was purchased on 30 June 2006 and is located in Plano, Dallas, Texas.

The property is located east of the North Central Expressway in the city of Richardson, Texas. It is accessible from Firman Drive and Collins Boulevard and is a single story, concrete tilt-up, multi-tenant, flex building with a membrane/EPDM roof system.

Details

Details

Details


Details
Details
Details
Metro area
Dallas		 Metro area
Dallas		 Metro area
Dallas
__________ __________ __________
Building type
Business Park
__________		 Building type
Land
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
LI 1 - Light Industrial
__________		 Site Area (acres)
13.5
__________		 Zoning
IM (1) SPL
__________
Year built
1984
__________		 Lettable area ('000 ft2)
-
__________		 Year built
1985
__________
Site Area (acres)
5.3
__________		 Site coverage (%)
0
__________		 Site Area (acres)
4.5
__________
Lettable area ('000 ft2)
73.1
__________		 Number of buildings
0
__________		 Lettable area ('000 ft2)
56.5
__________
Site coverage (%)
0.3
__________		 Average unit size ('000 ft2)
0
__________		 Site coverage (%)
30
__________
Number of buildings
1
__________		 Office content (%)
0
__________		 Number of buildings
1
__________
Number of units
10
__________		 Car parking
0
__________		 Number of units
5
__________
Average unit size ('000 ft2)
7.3086
__________		 Acquisition date
Jun 2006
__________		 Average unit size ('000 ft2)
11.3
__________
Office content (%)
0.8
__________		 Acquisition price plus additions: (US $m)
$2.05
__________		 Office content (%)
30
__________
Car parking
232
__________		 Book value: (US $m)
$1.21
__________		 Car parking
245
__________
Major tenant
Hope S Door Inc.
__________		 Independent valuation date
Jun 2010
__________		 Major tenant
Premier Systems
__________
Acquisition date
Sep 2004
__________		 Independent valuation (US $m)
$1.20
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$7.30
__________		 Available (%)
0
__________		 Acquisition price plus additions: (US $m)
$3.88
__________
Book value: (US $m)
$5.21
__________		 Book value: (US $m)
$3.30
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$5.00
__________		 Independent valuation (US $m)
$3.20
__________
Market cap rate (%)
9.31
__________		 Market cap rate (%)
9.87
__________
Initial yield (%)
4.26
__________		 Initial yield (%)
3.92
__________
Discount rate (%)
9.00
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
56
__________		 Leased by area (%)
68
__________
Weighted lease term by income: (year/s)
1.5
__________		 Weighted lease term by income: (year/s)
4.6
__________
Available (%)
43
__________		 Available (%)
32
__________
2012 (%)
5
__________		 2012 (%)
0
__________
2013 (%)
46
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
7
__________		 2015 (%)
18
__________
2016 (%)
0
__________		 2016 (%)
41
__________
2017 (%)
0
__________		 2017 (%)
9
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

66 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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850 North Lake Drive, Weatherford

Braemar Ridge, 7500 West 78th Street, Bloomington

Located just north of Beltline Road in the city of Coppell, Texas, the property is accessible from Beltline Road and North Lake Drive and is a single story, concrete tilt up, multi-tenant, warehouse/distribution building with a built up tar roof system.

The property is in the southwest submarket, north side of Interstate 494 frontage road between Highway 169 and Highway 100. One-story, concrete block construction with steel columns, brick veneer and decorative metal canopies, multi-tenant flex building.

Details

Details

tar roof system.

Details
 and decorative metal canopies, multi-tenant
flex building.

Details
Metro area
Dallas
__________		 Metro area
Minneapolis
__________
Building type
Distribution Centre
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
LI 1 - Light Industrial		 Zoning
FD-2, Freeway Development and FD-2 (FH),
__________
Year built
1982		 Freeway Development Flood Hazard
__________
__________
Site Area (acres)
11.4		 Year built
1983
__________
__________
Lettable area ('000 ft2)
230.4		 Site Area (acres)
6
__________
__________
Site coverage (%)
50		 Lettable area ('000 ft2)
74.1
__________
__________
Number of buildings
1		 Site coverage (%)
30
__________
__________
Number of units
1		 Number of buildings
1
__________
______
Average unit size ('000 ft2)
230.4
________
Office content (%)
20		 Number of units
13
______
Average unit size ('000 ft2)
5.7
________
__________
Car parking
213		 Office content (%)
50
__________
__________
Major tenant
Michaels Stores Procurement Co		 Car parking
208
__________
__________
Acquisition date
Sep 2004		 Major tenant
Sterling Critical Products
__________
__________
Acquisition price plus additions: (US $m)
$9.54		 Acquisition date
Nov 2005
__________
__________
Book value: (US $m)
$11.31		 Acquisition price plus additions: (US $m)
$5.67
__________
__________
Independent valuation date
Jun 2010		 Book value: (US $m)
$3.45
__________
__________
Independent valuation (US $m)
$9.89		 Independent valuation date
Jun 2010
__________
__________
Market cap rate (%)
8.98		 Independent valuation (US $m)
$4.12
__________
__________
Initial yield (%)
8.98		 Market cap rate (%)
10.68
__________
__________
Discount rate (%)
8.75		 Initial yield (%)
4.74
__________
__________
Leased by area (%)
100		 Discount rate (%)
9.75
__________
__________
Weighted lease term by income: (year/s)
4.9		 Leased by area (%)
61
__________
__________
Available (%)
0		 Weighted lease term by income: (year/s)
1.4
__________
__________
2012 (%)
0		 Available (%)
36
__________
__________
2013 (%)
0		 2012 (%)
33
__________
__________
2014 (%)
0		 2013 (%)
7
__________
__________
2015 (%)
0		 2014 (%)
10
__________
__________
2016 (%)
100		 2015 (%)
14
__________
__________
2017 (%)
0		 2016 (%)
0
__________
__________
2018 (%)
0		 2017 (%)
0
__________
__________
2019 (%)
0		 2018 (%)
0
__________
__________
2020 (%)
0		 2019 (%)
0
__________
__________
2021+ (%)
0		 2020 (%)
0
__________
__________ 2021+ (%)
0
__________

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Brooklyn Park Interstate Center, 7700 68th Avenue, Brooklyn Park

The property is a one-story, concrete block with steel frame construction, multi-tenant warehouse building located in the Northwest submarket with access from the intersection of Interstate 694 and County Road 81.

Details

Metro area
Minneapolis
__________
Building type
Distribution Centre
__________
Title
Freehold
__________
Ownership
DXS
__________
Zoning
I-1, Limited Industrial District
__________
Year built
1997
__________
Site Area (acres)
5.9
__________
Lettable area ('000 ft2)
91.7
__________
Site coverage (%)
40
__________
Number of buildings
1
__________
Number of units
6
__________
Average unit size ('000 ft2)
15.3
__________
Office content (%)
10
__________
Car parking
146
__________
Major tenant
Exhibit Partners
__________
Acquisition date
Nov 2005
__________
Acquisition price plus additions: (US $m)
$5.74
__________
Book value: (US $m)
$2.62
__________
Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$2.74
__________
Market cap rate (%)
13.18
__________
Discount rate (%)
9.75
__________
Leased by area (%)
32
__________
Weighted lease term by income: (year/s)
7.3
__________
Available (%)
70
__________
2012 (%)
0
__________
2013 (%)
0
__________
2014 (%)
0
__________
2015 (%)
0
__________
2016 (%)
0
__________
2017 (%)
14
__________
2018 (%)
0
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
16
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 67

inDUStriaL PortfoLio United States: central – east coast properties

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Eagandale Business Campus, 1285 & 1301 Corporate Centre Drive 1230 & 1270 Eagan Industrial Road, Eagan

The property provides four one-story, concrete block with brick fascia, multi-tenant flex buildings and is located in the south central submarket, just south of Interstate 494 and Pilot Knob Road. The Minneapolis International Airport is located within 5 miles of the property.

Details

6105 Trenton Lane North, Minneapolis

Trenton Lane is located off Hwy 169, just south of the Hwy 169 and I-694 interchange. I-694 serves as a beltway for the Twin Cities. One story, pre-cast concrete tilt-up, single tenant, warehouse building. Roof system is built up tar.

Details

2222-2298 Wooddale Drive, St Paul

Located off Highway 10 and 35E, north of the I-35/I-694 interchange. I-694 serves as a beltway for the Twin Cities. Four one story, masonry, multi-tenant, warehouse buildings. Roof systems are membrane/EPDM.

Details

Pilot Knob Road. The Minneapolis International
Airport is located within 5 miles of the property.

Details
 warehouse building. Roof system is built up
tar.

Details
 Roof systems are membrane/EPDM.

Details
Metro area
Minneapolis
__________		 Metro area
Minneapolis
__________		 Metro area
Minneapolis
__________
Building type
Business Park
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
I-1, Limited Industrial District and located in		 Zoning
I-2 Industrial, City of Plymouth		 Zoning
PUD, City of Mounds View
MSP Noise Exposure Zone 3
__________		 __________
Year built
1994		 __________
Year built
1989
Year built
1986
__________		 __________
Site Area (acres)
11.8		 __________
Site Area (acres)
22.7
Site Area (acres)
20.4
__________		 __________
Lettable area ('000 ft2)
122		 __________
Lettable area ('000 ft2)
321
Lettable area ('000 ft2)
242.7
__________		 __________
Site coverage (%)
20		 __________
Site coverage (%)
30
Site coverage (%)
30
__________		 __________
Number of buildings
1		 __________
Number of buildings
4
Number of buildings
4
__________		 __________
Number of units
1		 __________
Number of units
12
Number of units
41
______
Average unit size ('000 ft2)
5.9
________		 ______
Average unit size ('000 ft2)
122
________
Office content (%)
40		 ______
Average unit size ('000 ft2)
26.8
________
Office content (%)
20
Office content (%)
70
__________		 __________
Car parking
407		 __________
Car parking
717
Car parking
977
__________		 __________
Major tenant
Select Comfort Corporation		 __________
Major tenant
Quanex Corporation
Major tenant
Micromedics Inc.
__________		 __________
Acquisition date
Sep 2004		 __________
Acquisition date
Sep 2004
Acquisition date
Nov 2005
__________		 __________
Acquisition price plus additions: (US $m)
$8.39		 __________
Acquisition price plus additions: (US $m)
$22.95
Acquisition price plus additions: (US $m)
$20.79
__________		 __________
Book value: (US $m)
$6.74		 __________
Book value: (US $m)
$13.01
Book value: (US $m)
$12.37
__________		 __________
Independent valuation date
Jun 2010		 __________
Independent valuation date
Dec 2010
Independent valuation date
Jun 2011
__________		 __________
Independent valuation (US $m)
$6.66		 __________
Independent valuation (US $m)
$12.27
Independent valuation (US $m)
$12.37
__________		 __________
Market cap rate (%)
8.77		 __________
Market cap rate (%)
9.70
Market cap rate (%)
9.00
__________		 __________
Initial yield (%)
8.77		 __________
Initial yield (%)
4.85
Initial yield (%)
8.26
__________		 __________
Discount rate (%)
9.00		 __________
Discount rate (%)
10.00
Discount rate (%)
10.00
__________		 __________
Leased by area (%)
100		 __________
Leased by area (%)
59
Leased by area (%)
78
__________		 __________
Weighted lease term by income: (year/s)
6.3		 __________
Weighted lease term by income: (year/s)
3.3
Weighted lease term by income: (year/s)
2.1
__________		 __________
Available (%)
0		 __________
Available (%)
34
Available (%)
21
__________		 __________
2012 (%)
0		 __________
2012 (%)
16
2012 (%)
37
__________		 __________
2013 (%)
0		 __________
2013 (%)
15
2013 (%)
5
__________		 __________
2014 (%)
0		 __________
2014 (%)
0
2014 (%)
9
__________		 __________
2015 (%)
0		 __________
2015 (%)
0
2015 (%)
13
__________		 __________
2016 (%)
0		 __________
2016 (%)
32
2016 (%)
3
__________		 __________
2017 (%)
0		 __________
2017 (%)
0
2017 (%)
8
__________		 __________
2018 (%)
100		 __________
2018 (%)
2
2018 (%)
3
__________		 __________
2019 (%)
0		 __________
2019 (%)
0
2019 (%)
0
__________		 __________
2020 (%)
0		 __________
2020 (%)
0
2020 (%)
0
__________		 __________
2021+ (%)
0		 __________
2021+ (%)
0
2021+ (%)
0
__________		 __________ __________

68 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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2950 Lexington Avenue South, St Paul

300 & 405-444 Swann Avenue, 2402-2520 Oakville Street & 2412-2610 Jefferson Davis Highway, Alexandria

The properties are located in the I-395 corridor submarket at the rear of Oakville Industrial Park along Route 1. The five industrial properties are masonry and metal, multitenant, warehouse buildings.

Located off the Loan Oak Road exit 35E, just south of the I-35 E/I- 494 interchange. I-494 connects with I-694 serving as a belt way for the twin cities. One story, concrete tilt-up, multi-tenant, warehouse building. Roof system is built up tar.

Details

Details

multi-tenant, warehouse building. Roof system
is built up tar.

Details
 tenant, warehouse buildings.

Details
Metro area
Minneapolis
__________		 Metro area
Northern Virginia
__________
Building type
Distribution Centre
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
I 1 - Limited Industrial
__________		 Zoning
I - Industrial
__________
Year built
1979
__________		 Year built
1946
__________
Site Area (acres)
12.6
__________		 Site Area (acres)
11.2
__________
Lettable area ('000 ft2)
184.4
__________		 Lettable area ('000 ft2)
440.4
__________
Site coverage (%)
30
__________		 Site coverage (%)
90
__________
Number of buildings
1
__________		 Number of buildings
7
__________
Number of units
6
__________		 Number of units
30
__________
Average unit size ('000 ft2)
30.8
__________		 Average unit size ('000 ft2)
14.7
__________
Office content (%)
10
__________		 Office content (%)
20
__________
Car parking
271
__________		 Car parking
245
__________
Major tenant
High Performance Academy
__________		 Major tenant
Chesapeake Resource (Vault)
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$10.29
__________		 Acquisition price plus additions: (US $m)
$46.52
__________
Book value: (US $m)
$8.15
__________		 Book value: (US $m)
$41.20
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$7.50
__________		 Independent valuation (US $m)
$41.20
__________
Market cap rate (%)
9.28
__________		 Market cap rate (%)
8.25
__________
Initial yield (%)
9.28
__________		 Initial yield (%)
6.97
__________
Discount rate (%)
9.25
__________		 Discount rate (%)
9.75
__________
Leased by area (%)
100
__________		 Leased by area (%)
72
__________
Weighted lease term by income: (year/s)
6.6
__________		 Weighted lease term by income: (year/s)
1.5
__________
Available (%)
0
__________		 Available (%)
24
__________
2012 (%)
5
__________		 2012 (%)
44
__________
2013 (%)
26
__________		 2013 (%)
10
__________
2014 (%)
0
__________		 2014 (%)
5
__________
2015 (%)
0
__________		 2015 (%)
10
__________
2016 (%)
0
__________		 2016 (%)
6
__________
2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
23
__________		 2018 (%)
1
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
46
__________		 2021+ (%)
0
__________

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326-446 Calvert Avenue & 401403 Murry's Avenue, Alexandria

The properties are located in the I-395 corridor submarket at the rear of Oakville Industrial Park along Route 1. The three properties are masonry and metal, multi-tenant, warehouse buildings with built up tar roof systems.

Details

Metro area
Northern Virginia
__________
Building type
Industrial Estate
__________
Title
Freehold with Leasehold
Parcel
__________
Ownership
DXS
__________
Zoning
I - Industrial
__________
Year built
1940
__________
Site Area (acres)
2.2
__________
Lettable area ('000 ft2)
51.1
__________
Site coverage (%)
50
__________
Number of buildings
3
__________
Number of units
11
__________
Average unit size ('000 ft2)
4.6
__________
Office content (%)
30
__________
Car parking
43
__________
Major tenant
United Refrigeration Inc.
__________
Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$5.62
__________
Book value: (US $m)
$4.90
__________
Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$4.90
__________
Market cap rate (%)
8.25
__________
Initial yield (%)
8.78
__________
Discount rate (%)
9.75
__________
Leased by area (%)
87
__________
Weighted lease term by income: (year/s)
4.2
__________
Available (%)
13
__________
2012 (%)
0
__________
2013 (%)
1
__________
2014 (%)
41
__________
2015 (%)
18
__________
2016 (%)
13
__________
2017 (%)
0
__________
2018 (%)
0
__________
2019 (%)
0
__________
2020 (%)
15
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 69

inDUStriaL PortfoLio United States: central – east coast properties

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44633-44645 Guilford Road & 21641 Beaumeade Circle, Ashburn

The buildings are in Beaumeade Corporate Park just off Waxpool Road in Ashburn, approximately six miles north of the Washington-Dulles International Airport. The property is readily accessible from State Road 28 via public roadways.

CTC at Dulles, 13555 EDS Drive, Herndon

The property is located just east of the Washington-Dulles International Airport and is proximate to Sully Road at the intersection of McLearen Road and EDS Drive. The property is a single story, concrete tilt-up, single tenant, office building with a membrane/EPDM roof system.

7500 Exchange Drive, Orlando

The property is located in Orlando Central Park in Southwest Orlando. Access is via the I-4 to the west, the Beeline Expressway to the south and Florida's Turnpike to the east. The property is a concrete tilt-up, multi-tenant, warehouse/ flex building with a membrane/ EPDM roof system.

Details

Details

Details



Details
_		 system.


Details
_		 EPDM roof system.


Details
_
Metro area
Northern Virginia
__________		 Metro area
Northern Virginia
__________		 Metro area
Orlando
__________
Building type
Business Park
__________		 Building type
Business Park
__________		 Building type
Industrial Estate
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
PD - IP, Loudon County
__________		 Zoning
I - Industrial
__________		 Zoning
I-3 by Orange County Planning and Zoning
__________
Year built
1987
__________		 Year built
2001
__________		 Year built
1979
__________
Site Area (acres)
13.7
__________		 Site Area (acres)
8.5
__________		 Site Area (acres)
5.2
__________
Lettable area ('000 ft2)
177.3
__________		 Lettable area ('000 ft2)
103.5
__________		 Lettable area ('000 ft2)
115.7
__________
Site coverage (%)
30
__________		 Site coverage (%)
30
__________		 Site coverage (%)
50
__________
Number of buildings
3
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
16
__________		 Number of units
1
__________		 Number of units
6
__________
Average unit size ('000 ft2)
11.1
__________		 Average unit size ('000 ft2)
103.5
__________		 Average unit size ('000 ft2)
19.3
__________
Office content (%)
30
__________		 Office content (%)
100
__________		 Office content (%)
10
__________
Car parking
324
__________		 Car parking
438
__________		 Car parking
97
__________
Major tenant
Prototype Productions Inc.
__________		 Major tenant
US Government (Tsa)
__________		 Major tenant
Kaycan Ltd
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$18.04
__________		 Acquisition price plus additions: (US $m)
$25.78
__________		 Acquisition price plus additions: (US $m)
$5.81
__________
Book value: (US $m)
$17.48
__________		 Book value: (US $m)
$25.00
__________		 Book value: (US $m)
$4.26
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$14.70
__________		 Independent valuation (US $m)
$22.90
__________		 Independent valuation (US $m)
$3.80
__________
Market cap rate (%)
8.93
__________		 Market cap rate (%)
7.54
__________		 Market cap rate (%)
8.55
__________
Initial yield (%)
5.58
__________		 Initial yield (%)
7.54
__________		 Initial yield (%)
7.31
__________
Discount rate (%)
10.00
__________		 Discount rate (%)
8.25
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
68
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
2
__________		 Weighted lease term by income: (year/s)
2.3
__________		 Weighted lease term by income: (year/s)
2.5
__________
Available (%)
31
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
19
__________		 2012 (%)
0
__________		 2012 (%)
23
__________
2013 (%)
26
__________		 2013 (%)
0
__________		 2013 (%)
33
__________
2014 (%)
10
__________		 2014 (%)
100
__________		 2014 (%)
0
__________
2015 (%)
5
__________		 2015 (%)
0
__________		 2015 (%)
31
__________
2016 (%)
10
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
12
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

70 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Orlando Central Park, 7600 Kingspointe Parkway, 8259 Exchange Drive, 7451-7488 Brokerage Drive & 2900-2901 Titan Row, Orlando

The properties are located in Orlando Central Park and are accessible by I-4, the Beeline Expressway and Florida's Turnpike. The properties comprise seven, concrete tilt-up, multi-tenant, warehouse/flex buildings with multi-ply, built-up asphalt roof systems.

Details

1000 South Priest Drive, Phoenix

The property is located east of I-10 between University Drive and Broadway Road. The property is a one-story concrete tilt-up, single tenant, flex building with a built-up tar roof system.

Details

105-107 South 41st Avenue, Phoenix

The property is located one mile south of I-10 at West Van Buren Street and South 41st Avenue. The property comprises two, concrete tilt-up, multi-tenant, warehouse building with built-up tar roof systems.

Details

multi-tenant, warehouse/flex buildings with
multi-ply, built-up asphalt roof systems.

Details
 system.

Details
 built-up tar roof systems.

Details
Metro area
Orlando
__________		 Metro area
Phoenix
__________		 Metro area
Phoenix
__________
Building type
Industrial Estate
__________		 Building type
Business Park
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
I-3 by Orange County Planning and Zoning
__________		 Zoning
I-1
__________		 Zoning
A-2
__________
Year built
1984
__________		 Year built
1988
__________		 Year built
1988
__________
Site Area (acres)
60.1
__________		 Site Area (acres)
3.8
__________		 Site Area (acres)
23.5
__________
Lettable area ('000 ft2)
1,274.80
__________		 Lettable area ('000 ft2)
54.9
__________		 Lettable area ('000 ft2)
381.4
__________
Site coverage (%)
50
__________		 Site coverage (%)
30
__________		 Site coverage (%)
40
__________
Number of buildings
7
__________		 Number of buildings
1
__________		 Number of buildings
2
__________
Number of units
26
__________		 Number of units
1
__________		 Number of units
7
__________
Average unit size ('000 ft2)
49
__________		 Average unit size ('000 ft2)
54.9
__________		 Average unit size ('000 ft2)
54.5
__________
Office content (%)
10
__________		 Office content (%)
20
__________		 Office content (%)
0
__________
Car parking
1
__________		 Car parking
177
__________		 Car parking
352
__________
Major tenant
Vistar Corporation
__________		 Acquisition date
Sep 2004
__________		 Major tenant
Warren Industries Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition price plus additions: (US $m)
$6.03
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$63.52
__________		 Book value: (US $m)
$2.01
__________		 Acquisition price plus additions: (US $m)
$14.86
__________
Book value: (US $m)
$58.90
__________		 Independent valuation date
Dec 2010
__________		 Book value: (US $m)
$10.62
__________
Independent valuation date
Dec 2010
__________		 Independent valuation (US $m)
$2.60
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (US $m)
$55.10
__________		 Market cap rate (%)
8.71
__________		 Independent valuation (US $m)
$10.21
__________
Market cap rate (%)
7.52
__________		 Discount rate (%)
10.00
__________		 Market cap rate (%)
9.00
__________
Initial yield (%)
6.67
__________		 Available (%)
100
__________		 Initial yield (%)
4.07
__________
Discount rate (%)
8.25
__________		 Discount rate (%)
9.50
__________
Leased by area (%)
88
__________		 Leased by area (%)
67
__________
Weighted lease term by income: (year/s)
3.4
__________		 Weighted lease term by income: (year/s)
4.9
__________
Available (%)
13
__________		 Available (%)
40
__________
2012 (%)
24
__________		 2012 (%)
0
__________
2013 (%)
20
__________		 2013 (%)
0
__________
2014 (%)
1
__________		 2014 (%)
0
__________
2015 (%)
6
__________		 2015 (%)
27
__________
2016 (%)
8
__________		 2016 (%)
18
__________
2017 (%)
16
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
12
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
15
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 71

inDUStriaL PortfoLio United States: central – east coast properties

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1429-1439 South 40th Avenue, Phoenix

220 South 9th Street, Phoenix

431 North 47th Avenue, Phoenix

The property is located approximately 2.5 miles west of I-17 and south of West Buckeye Road. The property comprises two, one-story concrete tilt-up, multi-tenant, warehouse buildings with built-up tar roof systems.

Details

The property is located northwest of the I-10 and I-17 interchange. The property is a onestory concrete tilt-up, multi-tenant, warehouse building with a built-up tar roof system.

Details

The property is located approximately one mile south of I-10 at the northwest corner of Polk Street and 47th Avenue. The property is a onestory concrete tilt-up, single tenant, warehouse building with a built-up tar roof system

Details

concrete tilt-up, multi-tenant, warehouse
buildings with built-up tar roof systems.

Details
 building with a built-up tar roof system.

Details
 story concrete tilt-up, single tenant, warehouse
building with a built-up tar roof system

Details
Metro area
Phoenix
__________		 Metro area
Phoenix
__________		 Metro area
Phoenix
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
A-2
__________		 Zoning
A-1
__________		 Zoning
I -1
__________
Year built
1989
__________		 Year built
1983
__________		 Year built
1986
__________
Site Area (acres)
12.4
__________		 Site Area (acres)
4.2
__________		 Site Area (acres)
9.8
__________
Lettable area ('000 ft2)
253.4
__________		 Lettable area ('000 ft2)
89.4
__________		 Lettable area ('000 ft2)
163.2
__________
Site coverage (%)
50
__________		 Site coverage (%)
50
__________		 Site coverage (%)
40
__________
Number of buildings
2
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
5
__________		 Number of units
5
__________		 Number of units
1
__________
Average unit size ('000 ft2)
50.7
__________		 Average unit size ('000 ft2)
17.9
__________		 Average unit size ('000 ft2)
163.2
__________
Office content (%)
0
__________		 Office content (%)
10
__________		 Office content (%)
0
__________
Car parking
162
__________		 Car parking
197
__________		 Car parking
62
__________
Major tenant
S.P. Richards Company
__________		 Major tenant
Chompies Bada Bing Bakery Inc.
__________		 Major tenant
Freeport Logistics Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$11.17
__________		 Acquisition price plus additions: (US $m)
$6.92
__________		 Acquisition price plus additions: (US $m)
$6.74
__________
Book value: (US $m)
$9.07
__________		 Book value: (US $m)
$6.01
__________		 Book value: (US $m)
$5.75
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$8.60
__________		 Independent valuation (US $m)
$5.97
__________		 Independent valuation (US $m)
$5.40
__________
Market cap rate (%)
10.02
__________		 Market cap rate (%)
8.67
__________		 Market cap rate (%)
8.94
__________
Initial yield (%)
8.64
__________		 Initial yield (%)
8.67
__________		 Initial yield (%)
8.94
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
8.50
__________		 Discount rate (%)
8.25
__________
Leased by area (%)
70
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
5.8
__________		 Weighted lease term by income: (year/s)
2.4
__________		 Weighted lease term by income: (year/s)
3.9
__________
Available (%)
25
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
5
__________		 2012 (%)
20
__________		 2012 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
57
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
23
__________		 2015 (%)
100
__________
2016 (%)
12
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
58
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

72 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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601 South 55th Avenue, Phoenix

844 44th Avenue, Phoenix

1120-1150 West Alameda Drive, Tempe

The property is located south of I-10 and west of I-17 between West Van Buren and West Buckeye Road. The property is a one-story concrete tilt-up, single tenant, warehouse building with a built-up tar roof system.

The property is located one mile south of I-10 off 43rd Avenue, south of Roosevelt Street. The property is a one-story concrete tilt-up, multitenant, warehouse building with a built-up tar roof system.

The property is located just east of I-10 and I- 53 interchange Broadway Road and Southern Avenue. The property comprises four, concrete tilt-up, multi-tenant, flex buildings with built-up tar roof systems.

of I-17 between West Van Buren and West
Buckeye Road. The property is a one-story
concrete tilt-up, single tenant, warehouse
building with a built-up tar roof system.
_		 off 43rd Avenue, south of Roosevelt Street. The
property is a one-story concrete tilt-up, multi-
tenant, warehouse building with a built-up tar
roof system.
_		 53 interchange Broadway Road and Southern
Avenue. The property comprises four, concrete
tilt-up, multi-tenant, flex buildings with built-up
tar roof systems.
_
Details Details Details
_ _ _
Metro area
Phoenix
__________		 Metro area
Phoenix
__________		 Metro area
Phoenix
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Business Park
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
A-2
__________		 Zoning
I2
__________		 Zoning
I-2
__________
Year built
1986
__________		 Year built
1987
__________		 Year built
1984
__________
Site Area (acres)
7.7
__________		 Site Area (acres)
6.6
__________		 Site Area (acres)
5.8
__________
Lettable area ('000 ft2)
100
__________		 Lettable area ('000 ft2)
144.6
__________		 Lettable area ('000 ft2)
122.4
__________
Site coverage (%)
30
__________		 Site coverage (%)
40
__________		 Site coverage (%)
50
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
4
__________
Number of units
1
__________		 Number of units
2
__________		 Number of units
13
__________
Average unit size ('000 ft2)
100
__________		 Average unit size ('000 ft2)
72.3
__________		 Average unit size ('000 ft2)
9.4
__________
Office content (%)
10
__________		 Office content (%)
10
__________		 Office content (%)
20
__________
Car parking
50
__________		 Car parking
135
__________		 Car parking
207
__________
Major tenant
U.S. Greenfiber Llc
__________		 Major tenant
Iron Mountain Incorporated
__________		 Major tenant
Arizona State University
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________		 Acquisition date
Sep 2004
__________
Acquisition price plus additions: (US $m)
$4.99
__________		 Acquisition price plus additions: (US $m)
$6.36
__________		 Acquisition price plus additions: (US $m)
$8.11
__________
Book value: (US $m)
$4.13
__________		 Book value: (US $m)
$6.09
__________		 Book value: (US $m)
$4.63
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$4.25
__________		 Independent valuation (US $m)
$6.10
__________		 Independent valuation (US $m)
$4.63
__________
Market cap rate (%)
9.16
__________		 Market cap rate (%)
7.79
__________		 Market cap rate (%)
8.75
__________
Initial yield (%)
9.16
__________		 Initial yield (%)
9.41
__________		 Initial yield (%)
10.54
__________
Discount rate (%)
8.25
__________		 Discount rate (%)
8.00
__________		 Discount rate (%)
10.00
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Leased by area (%)
83
__________
Weighted lease term by income: (year/s)
3.2
__________		 Weighted lease term by income: (year/s)
2.5
__________		 Weighted lease term by income: (year/s)
0.7
__________
Available (%)
0
__________		 Available (%)
0
__________		 Available (%)
14
__________
2012 (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
72
__________
2013 (%)
0
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
100
__________		 2014 (%)
11
__________
2015 (%)
100
__________		 2015 (%)
0
__________		 2015 (%)
3
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 73

inDUStriaL PortfoLio United States: central – east coast properties

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10397 West Van Buren Street, Tolleson

1803 Grandstand Drive, San Antonio

202 S Tayman Street, San Antonio

The property is located on West Van Buren Street between 104th Avenue and N 103rd Avenue approximately 1/4 mile from I-10 and Loop 101. The property is a one-story concrete tilt-up, multi-tenant, warehouse building with a built-up tar roof system

Details

The property is a single 133,500sf building with 24' clear heights and 23% office build out.

Details

This is a 275,000sf facility with 17 rail dock doors and 1,000 linear feet of rail service. The property is located at the Port of San Antonio near the interchange of Interstate 35 and 10.

Details

tilt-up, multi-tenant, warehouse building with a
built-up tar roof system

Details
Details
Details
Metro area
Phoenix
__________		 Metro area
San Antonio
__________		 Metro area
San Antonio
__________
Building type
Distribution Centre
__________		 Building type
Industrial/Warehouse
__________		 Building type
Industrial/Warehouse
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Leasehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
I-1 City of Tolleson
__________		 Zoning
Industrial or Light Manufacturing
__________		 Zoning
Industrial or Light Manufacturing
__________
Year built
1997
__________		 Year built
2007
__________		 Year built
2009
__________
Site Area (acres)
14.6
__________		 Site Area (acres)
8.5
__________		 Site Area (acres)
10.3
__________
Lettable area ('000 ft2)
278
__________		 Lettable area ('000 ft2)
133.5
__________		 Lettable area ('000 ft2)
275.4
__________
Site coverage (%)
40
__________		 Site coverage (%)
40
__________		 Site coverage (%)
60
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
4
__________		 Number of units
3
__________
Average unit size ('000 ft2)
278.1
__________		 Average unit size ('000 ft2)
33.4
__________		 Average unit size ('000 ft2)
91.8
__________
Office content (%)
0
__________		 Office content (%)
23
__________		 Office content (%)
0
__________
Car parking
173
__________		 Car parking
216
__________		 Car parking
0
__________
Major tenant
States Logistics Services Inc
__________		 Major tenant
Twigland Fashions Ltd
__________		 Major tenant
New Breed Logistics, Inc.
__________
Acquisition date
Sep 2004
__________		 Acquisition date
Aug 2007
__________		 Acquisition date
Nov 2007
__________
Acquisition price plus additions: (US $m)
$8.32
__________		 Acquisition price plus additions: (US $m)
$11.08
__________		 Acquisition price plus additions: (US $m)
$12.43
__________
Book value: (US $m)
$8.57
__________		 Book value: (US $m)
$9.28
__________		 Book value: (US $m)
$8.70
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2011
__________
Independent valuation (US $m)
$8.60
__________		 Independent valuation (US $m)
$5.89
__________		 Independent valuation (US $m)
$8.70
__________
Market cap rate (%)
7.56
__________		 Market cap rate (%)
8.18
__________		 Market cap rate (%)
8.50
__________
Initial yield (%)
8.09
__________		 Initial yield (%)
8.18
__________		 Discount rate (%)
9.50
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
8.75
__________		 Leased by area (%)
26
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Weighted lease term by income: (year/s)
4.7
__________
Weighted lease term by income: (year/s)
0.8
__________		 Weighted lease term by income: (year/s)
3.6
__________		 Available (%)
76
__________
Available (%)
0
__________		 Available (%)
0
__________		 2012 (%)
0
__________
2012 (%)
100
__________		 2012 (%)
0
__________		 2013 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
41
__________		 2014 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2015 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
15
__________		 2016 (%)
24
__________
2016 (%)
0
__________		 2016 (%)
10
__________		 2017 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2018 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
35
__________		 2019 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2020 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________		 2021+ (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

74 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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302-402 N Tayman Street, San Antonio

8151-8161 Interchange Parkway, San Antonio

8171 Interchange Parkway, San Antonio

The property comprises two buildings totalling 416,000sf. 402 Tayman has 16' clear heights and no office build out while 302 Tayman has 30' clear heights and 2% office build out.

The properties comprise two buildings totalling 209,500sf with 24' clear heights and 22% office build out.

This 3.0 acre development land site located in San Antonio, Texas.

Details

Details

Details

Details
_		 Details
_		 Details
_
Metro area
San Antonio
__________		 Metro area
San Antonio
__________		 Metro area
San Antonio
__________
Building type
Industrial/Warehouse
__________		 Building type
Industrial/Warehouse
__________		 Building type
Land
__________
Title
Leasehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Industrial or Light Manufacturing
__________		 Zoning
Industrial or Light Manufacturing
__________		 Site Area (acres)
3
__________
Year built
2006
__________		 Year built
2006
__________		 Site coverage (%)
0
__________
Site Area (acres)
29.6
__________		 Site Area (acres)
13.7
__________		 Number of buildings
0
__________
Lettable area ('000 ft2)
416
__________		 Lettable area ('000 ft2)
209.5
__________		 Average unit size ('000 ft2)
0
__________
Site coverage (%)
30
__________		 Site coverage (%)
40
__________		 Office content (%)
0
__________
Number of buildings
2
__________		 Number of buildings
2
__________		 Car parking
0
__________
Number of units
9
__________		 Number of units
4
__________		 Acquisition date
Jul 2007
__________
Average unit size ('000 ft2)
46.2
__________		 Average unit size ('000 ft2)
52.4
__________		 Acquisition price plus additions: (US $m)
$1.07
__________
Office content (%)
2
__________		 Office content (%)
22
__________		 Book value: (US $m)
$0.46
__________
Car parking
160
__________		 Car parking
432
__________		 Independent valuation date
Jun 2010
__________
Major tenant
Fiesta Warehousing & Distribution
__________		 Major tenant
Fidelity Information Services
__________		 Independent valuation (US $m)
$0.45
__________
Acquisition date
Oct 2007
__________		 Acquisition date
Jul 2007
__________		 Available (%)
0
__________
Acquisition price plus additions: (US $m)
$17.30
__________		 Acquisition price plus additions: (US $m)
$16.55
__________
Book value: (US $m)
$16.10
__________		 Book value: (US $m)
$13.68
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$16.10
__________		 Independent valuation (US $m)
$10.27
__________
Market cap rate (%)
8.50
__________		 Market cap rate (%)
7.98
__________
Initial yield (%)
7.47
__________		 Initial yield (%)
7.98
__________
Discount rate (%)
9.50
__________		 Discount rate (%)
8.75
__________
Leased by area (%)
89
__________		 Leased by area (%)
93
__________
Weighted lease term by income: (year/s)
6.6
__________		 Weighted lease term by income: (year/s)
3.3
__________
Available (%)
11
__________		 Available (%)
7
__________
2012 (%)
0
__________		 2012 (%)
4
__________
2013 (%)
14
__________		 2013 (%)
0
__________
2014 (%)
0
__________		 2014 (%)
48
__________
2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
40
__________
2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
75
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 75

inDUStriaL PortfoLio United States: central – east coast properties

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8181 Interchange Parkway, San Antonio

This 3.0 acre development land site is located in San Antonio, Texas.

8191 Interchange Parkway, San Antonio

This 2.3 acre development land site is located in San Antonio, Texas.

Cornerstone Building, 5411 I-10 East & 1228 Cornerway Boulevard, San Antonio

The property comprises two buildings totalling 288,000sf with 30' clear heights and 10% office build out.

Details

Details

Details


Details
Details
Details
Metro area
San Antonio
__________		 Metro area
San Antonio
__________		 Metro area
San Antonio
__________
Building type
Land
__________		 Building type
Land
__________		 Building type
Industrial/Warehouse
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Site Area (acres)
3
__________		 Site Area (acres)
2.3
__________		 Zoning
Industrial or Light Manufacturing
__________
Lettable area ('000 ft2)
-
__________		 Lettable area ('000 ft2)
-
__________		 Year built
2007
__________
Site coverage (%)
0
__________		 Site coverage (%)
0
__________		 Site Area (acres)
17.1
__________
Number of buildings
0
__________		 Number of buildings
0
__________		 Lettable area ('000 ft2)
288
__________
Average unit size ('000 ft2)
0
__________		 Average unit size ('000 ft2)
0
__________		 Site coverage (%)
40
__________
Office content (%)
0
__________		 Office content (%)
0
__________		 Number of buildings
2
__________
Car parking
0
__________		 Car parking
0
__________		 Number of units
4
__________
Acquisition date
Jul 2007
__________		 Acquisition date
Jul 2007
__________		 Average unit size ('000 ft2)
72
__________
Acquisition price plus additions: (US $m)
$1.24
__________		 Acquisition price plus additions: (US $m)
$1.22
__________		 Office content (%)
10
__________
Book value: (US $m)
$0.44
__________		 Book value: (US $m)
$0.35
__________		 Car parking
321
__________
Independent valuation date
Jun 2010
__________		 Independent valuation date
Jun 2010
__________		 Major tenant
Greenstar North America, Llc
__________
Independent valuation (US $m)
$0.43
__________		 Independent valuation (US $m)
$0.35
__________		 Acquisition date
Aug 2007
__________
Available (%)
0
__________		 Available (%)
0
__________		 Acquisition price plus additions: (US $m)
$16.22
__________
Book value: (US $m)
$13.81
__________
Independent valuation date
Jun 2010
__________
Independent valuation (US $m)
$12.48
__________
Market cap rate (%)
8.20
__________
Initial yield (%)
8.20
__________
Discount rate (%)
8.75
__________
Leased by area (%)
83
__________
Weighted lease term by income: (year/s)
5.9
__________
Available (%)
15
__________
2012 (%)
8
__________
2013 (%)
0
__________
2014 (%)
18
__________
2015 (%)
0
__________
2016 (%)
0
__________
2017 (%)
0
__________
2018 (%)
0
__________
2019 (%)
59
__________
2020 (%)
0
__________
2021+ (%)
0
__________

76 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Tri-County 2, Tri-County Parkway, Schertz

Tri-County 5, Tri-County Parkway, Schertz

Tri-County 6, Tri-County Parkway, Schertz

This 5.8 acre development land site is located in Schertz, Texas.

Details

This is a 35,700sf facility with 6 dock high doors and 1 grade level door. This property is located in the Tri-County Business Park adjacent to Interstate 35.

Details

This is a 57,800sf facility with 8 dock high doors and 2 grade level doors. This property is located in the Tri-County Business Park adjacent to Interstate 35.

Details


Details
 located in the Tri-County Business Park
adjacent to Interstate 35.

Details
 located in the Tri-County Business Park
adjacent to Interstate 35.

Details
Metro area
San Antonio
__________		 Metro area
San Antonio
__________		 Metro area
San Antonio
__________
Building type
Land
__________		 Building type
Industrial/Warehouse
__________		 Building type
Industrial/Warehouse
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Site Area (acres)
5.8
__________		 Year built
2008
__________		 Year built
2008
__________
Lettable area ('000 ft2)
-
__________		 Site Area (acres)
2.9
__________		 Site Area (acres)
4.1
__________
Site coverage (%)
0
__________		 Lettable area ('000 ft2)
36.8
__________		 Lettable area ('000 ft2)
59.2
__________
Number of buildings
0
__________		 Site coverage (%)
30
__________		 Site coverage (%)
30
__________
Average unit size ('000 ft2)
0
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Office content (%)
0
__________		 Number of units
1
__________		 Number of units
2
__________
Car parking
0
__________		 Average unit size ('000 ft2)
36.8
__________		 Average unit size ('000 ft2)
29.6
__________
Acquisition date
Jul 2007
__________		 Office content (%)
0
__________		 Office content (%)
0
__________
Acquisition price plus additions: (US $m)
$1.13
__________		 Car parking
0
__________		 Car parking
0
__________
Book value: (US $m)
$1.03
__________		 Acquisition date
Jul 2007
__________		 Major tenant
Brandt Mechanical Services
__________
Independent valuation date
Jun 2010
__________		 Acquisition price plus additions: (US $m)
$2.37
__________		 Acquisition date
Jul 2007
__________
Independent valuation (US $m)
$1.02
__________		 Book value: (US $m)
$1.27
__________		 Acquisition price plus additions: (US $m)
$3.36
__________
Available (%)
0
__________		 Independent valuation date
Jun 2010
__________		 Book value: (US $m)
$2.35
__________
Independent valuation (US $m)
$1.14
__________		 Independent valuation date
Jun 2010
__________
Market cap rate (%)
9.74
__________		 Independent valuation (US $m)
$1.91
__________
Discount rate (%)
10.25
__________		 Market cap rate (%)
9.50
__________
Available (%)
100
__________		 Initial yield (%)
2.84
__________
Discount rate (%)
10.00
__________
Leased by area (%)
41
__________
Weighted lease term by income: (year/s)
2.2
__________
Available (%)
57
__________
2012 (%)
0
__________
2013 (%)
0
__________
2014 (%)
43
__________
2015 (%)
0
__________
2016 (%)
0
__________
2017 (%)
0
__________
2018 (%)
0
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 77

inDUStriaL PortfoLio EUroPE

Theodorstraße, Düsseldorf, Nordrhein Westfalen

78 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Zone Industrielle Epone II, 78680 Epone

Servon 1, Route Nationale 19 L'Orme Rond, 77170 Servon

Servon 2, Route Nationale 19 L'Orme Rond, 77170 Servon

The property comprises a logistics warehouse with 10 loading bays and office space on the first floor. The building is of pre-cast reinforced concrete construction with facades of concrete and double skinned corrugated metal sheeting. The site is well located on the A13 motorway.

Details

The property comprises a logistics warehouse with minimal office space and 35 loading bays. The building is of metal framed construction with facades of double skinned corrugated metal sheeting. The site is in close proximity to the N19, N104 and A86 motorways.

Details

The property comprises a logistics warehouse with 30 loading bays. The building is of metal framed construction with facades of double skinned corrugated metal sheeting. The site is well located with easy access to the N19, N104 and A86 motorways and 26kms south west of Orly International Airport.

Details

The site is well located on the A13 motorway.

Details
 the N19, N104 and A86 motorways.

Details
 N104 and A86 motorways and 26kms south
west of Orly International Airport.

Details
Metro area
Paris
__________		 Metro area
Paris
__________		 Metro area
Paris
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold/Co-ownership
__________		 Title
Freehold
__________		 Title
Part Freehold / Leashold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Zone UJ
__________		 Zoning
Zone UXa
__________		 Zoning
Zone UXa
__________
Year built
1978
__________		 Year built
1973
__________		 Year built
1999
__________
Site Area (acres)
6.2
__________		 Site Area (acres)
13.6
__________		 Site Area (acres)
3.6
__________
Lettable area ('000 m2)
11.3
__________		 Lettable area ('000 m2)
27.3
__________		 Lettable area ('000 m2)
8.5
__________
Site coverage (%)
45
__________		 Site coverage (%)
49
__________		 Site coverage (%)
58
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
5
__________		 Number of units
2
__________
Average unit size ('000 m2)
11.3
__________		 Average unit size ('000 m2)
5.4
__________		 Average unit size ('000 m2)
4.2
__________
Office content (%)
2
__________		 Office content (%)
3
__________		 Office content (%)
1
__________
Car parking
71
__________		 Car parking
90
__________		 Car parking
50
__________
Major tenant
Auchan France
__________		 Major tenant
Agediss
__________		 Major tenant
ID Logistics
__________
Acquisition date
Jul 2006
__________		 Acquisition date
Jul 2006
__________		 Acquisition date
Jul 2006
__________
Acquisition price plus additions: (EU'm)
7.60
__________		 Acquisition price plus additions: (EU'm)
18.30
__________		 Acquisition price plus additions: (EU'm)
8.40
__________
Book value: (EU'm)
5.40
__________		 Book value: (EU'm)
7.00
__________		 Book value: (EU'm)
3.30
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (EU'm)
5.40
__________		 Independent valuation (EU'm)
7.90
__________		 Independent valuation (EU'm)
3.80
__________
Market cap rate (%)
8.35
__________		 Initial yield (%)
2.73
__________		 Initial yield (%)
11.85
__________
Initial yield (%)
10.75
__________		 Leased by area (%)
18
__________		 Leased by area (%)
100
__________
Leased by area (%)
100
__________		 Weighted lease term by income: (year/s)
2
__________		 Weighted lease term by income: (year/s)
1
__________
Weighted lease term by income: (year/s)
4.7
__________		 Available (%)
82
__________		 Available (%)
0
__________
Available (%)
0
__________		 2012 (%)
0
__________		 2012 (%)
100
__________
2012 (%)
0
__________		 2013 (%)
18
__________		 2013 (%)
0
__________
2013 (%)
0
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2014 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2015 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2016 (%)
100
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2017 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2018 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2019 (%)
0
__________		 2020 (%)
0
__________		 2020 (%)
0
__________
2020 (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 79

inDUStriaL PortfoLio Europe

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32 Avenue de l'Oceanie, 91140 Villejust

19 Rue de Bretagne, 38070 Saint-Quentin Fallavier

The property comprises a warehouse, 15 loading bays and office space on the ground and upper floors. Constructed of a precast reinforced concrete frame with a concrete and double-skinned corrugated metal sheeting. The site is well located with close proximity to the A10 motorway.

The property comprises a single warehouse with mezzanine office and storage space. Construction comprises reinforced concrete frames with a concrete and corrugated metal sheeting facade. The site is close to the A43 motorway and the A road and N6, and the Lyon Saint-Expiry Airport.

Details

Details

The site is well located with close proximity to
the A10 motorway.

Details
 motorway and the A road and N6, and the
Lyon Saint-Expiry Airport.

Details
Metro area
Paris
__________		 Metro area
Lyon
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold/Co-ownership
__________		 Title
Freehold/Co-ownership
__________
Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
Zone UY
__________		 Zoning
ZAC
__________
Year built
1977
__________		 Year built
1975
__________
Site Area (acres)
8.1
__________		 Site Area (acres)
15.1
__________
Lettable area ('000 m2)
15.9
__________		 Lettable area ('000 m2)
27.4
__________
Site coverage (%)
48
__________		 Site coverage (%)
45
__________
Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
2
__________
Average unit size ('000 m2)
15.9
__________		 Average unit size ('000 m2)
13.7
__________
Office content (%)
7
__________		 Office content (%)
8
__________
Car parking
95
__________		 Car parking
50
__________
Major tenant
Coca Cola Enterprise
__________		 Acquisition date
Jul 2006
__________
Acquisition date
Jul 2006
__________		 Acquisition price plus additions: (EU'm)
14.10
__________
Acquisition price plus additions: (EU'm)
11.80
__________		 Book value: (EU'm)
5.70
__________
Book value: (EU'm)
7.70
__________		 Independent valuation date
Jun 2011
__________
Independent valuation date
Dec 2010
__________		 Independent valuation (EU'm)
5.70
__________
Independent valuation (EU'm)
7.00
__________		 Market cap rate (%)
10.05
__________
Initial yield (%)
10.18
__________		 Leased by area (%)
0
__________
Leased by area (%)
100
__________		 Available (%)
100
__________
Weighted lease term by income: (year/s)
0.9
__________		 2012 (%)
0
__________
Available (%)
0
__________		 2013 (%)
0
__________
2012 (%)
100
__________		 2014 (%)
0
__________
2013 (%)
0
__________		 2015 (%)
0
__________
2014 (%)
0
__________		 2016 (%)
0
__________
2015 (%)
0
__________		 2017 (%)
0
__________
2016 (%)
0
__________		 2018 (%)
0
__________
2017 (%)
0
__________		 2019 (%)
0
__________
2018 (%)
0
__________		 2020 (%)
0
__________
2019 (%)
0
__________		 2021+ (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

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Im Holderbusch 3, Sulmstrabe, Ellhofen

The property comprises a single storey warehouse which is divided into several units. Construction comprises a reinforced concrete framework, with part brick walls and partly trapezoidal metal cladding. The property has good access and visibility from a busy intersection of the A81 and A6 motorways.

Details

Metro area
Ellhofen
__________
Building type
Distribution Centre
__________
Title
Freehold
__________
Ownership
DXS
__________
Zoning
GE Commercial Area
__________
Year built
1977
__________
Site Area (acres)
13
__________
Lettable area ('000 m2)
27.7
__________
Site coverage (%)
53
__________
Number of buildings
1
__________
Number of units
1
__________
Average unit size ('000 m2)
27.7
__________
Office content (%)
7
__________
Major tenant
EDEKA Handelsgesellschaft
Sudwest GmbH
__________
Acquisition date
Dec 2006
__________
Acquisition price plus additions: (EU'm)
14.60
__________
Book value: (EU'm)
9.30
__________
Independent valuation date
Dec 2010
__________
Independent valuation (EU'm)
11.90
__________
Initial yield (%)
12.47
__________
Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
2
__________
Available (%)
0
__________
2012 (%)
0
__________
2013 (%)
100
__________
2014 (%)
0
__________
2015 (%)
0
__________
2016 (%)
0
__________
2017 (%)
0
__________
2018 (%)
0
__________
2019 (%)
0
__________
2020 (%)
0
__________
2021+ (%)
0
__________

80 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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Schillerstrabe 51, Ellhofen Schillerstrabe 42, 42a, _ Bahnhofstrabe 44, 50, Ellhofen

Im Steinbruch 4, 6, Knetzgau

The property comprises a distribution complex with a single level refrigerated warehouse with 7 meters of clearance and office space located on the second floor. The site is located in close proximity to the A81 and A6 motorways.

Details

The property comprises a warehouse/office building, three ancillary office/storage buildings, a petrol station, car wash and a residential house. The site is located in an industrial area adjacent to a residential area, with good access to the A81 and A6 motorways.

Details

The property comprises a chilled warehouse, 64 loading bays, adjacent offices and a highbay warehouse. The whole building is a concrete frame construction with a flat roof and aluminium-framed double glazing. The site enjoys direct access to the A70 motorway.

Details


Details
 with good access to the A81 and A6
motorways.

Details
 site enjoys direct access to the A70 motorway.

Details
Metro area
Ellhofen
__________		 Metro area
Ellhofen
__________		 Metro area
Knetzgau
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
GE Commercial Area
__________		 Zoning
SO (special zone)
__________		 Zoning
GI Industrial Area
__________
Year built
1992
__________		 Year built
1954
__________		 Year built
1991
__________
Site Area (acres)
8.8
__________		 Site Area (acres)
8.9
__________		 Site Area (acres)
18.2
__________
Lettable area ('000 m2)
19.2
__________		 Lettable area ('000 m2)
20.5
__________		 Lettable area ('000 m2)
21.4
__________
Site coverage (%)
54
__________		 Site coverage (%)
57
__________		 Site coverage (%)
29
__________
Number of buildings
1
__________		 Number of buildings
6
__________		 Number of buildings
1
__________
Number of units
1
__________		 Number of units
6
__________		 Number of units
2
__________
Average unit size ('000 m2)
19.2
__________		 Average unit size ('000 m2)
3.4
__________		 Average unit size ('000 m2)
10.7
__________
Office content (%)
17
__________		 Office content (%)
26
__________		 Office content (%)
10
__________
Major tenant
EDEKA Handelsgesellschaft		 Car parking
0		 Car parking
178
Sudwest GmbH
__________		 __________
Major tenant
EDEKA Handelsgesellschaft		 __________
Major tenant
Schober Grundstucksverwaltung
Acquisition date
Dec 2006
__________		 Sudwest GmbH
__________		 GmbH
__________
Acquisition price plus additions: (EU'm)
12.10
__________		 Acquisition date
Dec 2006
__________		 Acquisition date
Dec 2006
__________
Book value: (EU'm)
6.50
__________		 Acquisition price plus additions: (EU'm)
7.90
__________		 Acquisition price plus additions: (EU'm)
9.60
__________
Independent valuation date
Dec 2010
__________		 Book value: (EU'm)
3.80
__________		 Book value: (EU'm)
6.90
__________
Independent valuation (EU'm)
8.30
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Jun 2011
__________
Initial yield (%)
13.25
__________		 Independent valuation (EU'm)
4.80
__________		 Independent valuation (EU'm)
6.90
__________
Leased by area (%)
100
__________		 Initial yield (%)
22.01
__________		 Market cap rate (%)
9.75
__________
Weighted lease term by income: (year/s)
2
__________		 Leased by area (%)
92
__________		 Initial yield (%)
8.76
__________
Available (%)
0
__________		 Weighted lease term by income: (year/s)
1.9
__________		 Leased by area (%)
100
__________
2012 (%)
0
__________		 Available (%)
0
__________		 Weighted lease term by income: (year/s)
0.5
__________
2013 (%)
100
__________		 2012 (%)
4
__________		 Available (%)
0
__________
2014 (%)
0
__________		 2013 (%)
94
__________		 2012 (%)
100
__________
2015 (%)
0
__________		 2014 (%)
2
__________		 2013 (%)
0
__________
2016 (%)
0
__________		 2015 (%)
0
__________		 2014 (%)
0
__________
2017 (%)
0
__________		 2016 (%)
0
__________		 2015 (%)
0
__________
2018 (%)
0
__________		 2017 (%)
0
__________		 2016 (%)
0
__________
2019 (%)
0
__________		 2018 (%)
0
__________		 2017 (%)
0
__________
2020 (%)
0
__________		 2019 (%)
0
__________		 2018 (%)
0
__________
2021+ (%)
0
__________		 2020 (%)
0
__________		 2019 (%)
0
__________
2021+ (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 81

inDUStriaL PortfoLio Europe

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==> picture [158 x 158] intentionally omitted <==

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Bremer Ring & Hansestrabe, Wustermark, Berlin

Im Gewerbegebiet 18, Friedewald

Niedesheimer Strabe 24, Worms

The property consists of a modern purpose built distribution centre with 79 loading doors and associated offices. The site is located in a cargo transport centre with access to the railway siding and the motorway slp road B5.

Details

The property consists of three separate lots, consisting of a warehouse, an outdoor parking area and a vacant development site. The warehouse consists of a logistics centre with integrated office facilities. The site enjoys close proximity to the A4 motorway.

Details

The property comprises a single storey warehouse with upper levels of office space with a reinforced concrete framework, flat roof and partly rendered facade. The site is in close proximity to the B9 express road and 70 kms from Frankfurt's international Rhine-Main Airport.

Details


Details
 proximity to the A4 motorway.

Details
 from Frankfurt's international Rhine-Main
Airport.

Details
Metro area
Berlin
__________		 Metro area
Friedewald
__________		 Metro area
Worms
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
GI Industrial Area
__________		 Zoning
GE Commercial Area
__________		 Zoning
GE Commercial Area
__________
Year built
2006
__________		 Year built
1991
__________		 Year built
1984
__________
Site Area (acres)
10.6
__________		 Site Area (acres)
17.1
__________		 Site Area (acres)
7.7
__________
Lettable area ('000 m2)
10.1
__________		 Lettable area ('000 m2)
15.5
__________		 Lettable area ('000 m2)
11.8
__________
Site coverage (%)
24
__________		 Site coverage (%)
22
__________		 Site coverage (%)
38
__________
Number of buildings
2
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
2
__________		 Number of units
1
__________		 Number of units
1
__________
Average unit size ('000 m2)
5.1
__________		 Average unit size ('000 m2)
15.5
__________		 Average unit size ('000 m2)
11.8
__________
Office content (%)
19
__________		 Office content (%)
8
__________		 Office content (%)
21
__________
Car parking
149
__________		 Car parking
40
__________		 Major tenant
Alfred TALKE GmbH & Co. KG
__________
Major tenant
Deutsche Post Immobilien GmbH
__________		 Major tenant
Schenker Deutschland AG
__________		 Acquisition date
Dec 2006
__________
Acquisition date
Dec 2006
__________		 Acquisition date
Dec 2006
__________		 Acquisition price plus additions: (EU'm)
3.80
__________
Acquisition price plus additions: (EU'm)
10.20
__________		 Acquisition price plus additions: (EU'm)
5.00
__________		 Book value: (EU'm)
2.30
__________
Book value: (EU'm)
7.80
__________		 Book value: (EU'm)
3.30
__________		 Independent valuation date
Dec 2010
__________
Independent valuation date
Jun 2011
__________		 Independent valuation date
Jun 2011
__________		 Independent valuation (EU'm)
3.20
__________
Independent valuation (EU'm)
7.80
__________		 Independent valuation (EU'm)
3.30
__________		 Initial yield (%)
14.08
__________
Market cap rate (%)
8.35
__________		 Market cap rate (%)
12.00
__________		 Leased by area (%)
79
__________
Initial yield (%)
9.34
__________		 Initial yield (%)
11.27
__________		 Weighted lease term by income: (year/s)
3.5
__________
Leased by area (%)
100
__________		 Leased by area (%)
100
__________		 Available (%)
8
__________
Weighted lease term by income: (year/s)
5.3
__________		 Weighted lease term by income: (year/s)
1.5
__________		 2012 (%)
0
__________
Available (%)
0
__________		 Available (%)
0
__________		 2013 (%)
0
__________
2012 (%)
0
__________		 2012 (%)
2
__________		 2014 (%)
0
__________
2013 (%)
0
__________		 2013 (%)
98
__________		 2015 (%)
92
__________
2014 (%)
0
__________		 2014 (%)
0
__________		 2016 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2017 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2018 (%)
0
__________
2017 (%)
100
__________		 2017 (%)
0
__________		 2019 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2020 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2021+ (%)
0
__________
2020 (%)
0
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________

82 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

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==> picture [158 x 158] intentionally omitted <==

==> picture [158 x 158] intentionally omitted <==

Uber der Dingelstelle, Langenweddingen

This property comprises a warehouse complex consists of five interconnected storage halls and two main office areas and is configured as a grocery distribution centre. Located in a strategic logistics area directly between Berlin and Hannover, and within 90 km of Leipzig Airport freight hub.

Details

Liverpooler Strabe, Kopenhagener Strabe, Osloer Strabe, Friemersheim, Duisburg

The property comprises a modern distribution centre with 50 loading doors and associated offices. The site is located in a well established logistics area which enjoys rail freight connections and access to the Rhine and is 90 kms from the Leipzig Airport freight hub.

Details

Theodorstrabe, Dusseldorf

This property comprises a modern logistics facility with associated office space which is fully divisible into four separate units. The site offers good infrastructure with excellent access to the A44 motorway and Dusseldorf Airport.

Details

and Hannover, and within 90 km of Leipzig
Airport freight hub.

Details
Details

kms from the Leipzig Airport freight hub.
Details
Metro area
Langenweddingen
__________		 Metro area
Duisburg
__________		 Metro area
Düsseldorf
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
GI Industrial Area
__________		 Zoning
GE Commercial Area
__________		 Zoning
GE Commercial Area
__________
Year built
1993
__________		 Year built
2006
__________		 Year built
2007
__________
Site Area (acres)
24.2
__________		 Site Area (acres)
12.2
__________		 Site Area (acres)
7.1
__________
Lettable area ('000 m2)
24.7
__________		 Lettable area ('000 m2)
27.1
__________		 Lettable area ('000 m2)
13.8
__________
Site coverage (%)
27
__________		 Site coverage (%)
55
__________		 Site coverage (%)
48
__________
Number of buildings
1
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
5
__________		 Number of units
1
__________		 Number of units
4
__________
Average unit size ('000 m2)
4.9
__________		 Average unit size ('000 m2)
27.1
__________		 Average unit size ('000 m2)
3.4
__________
Office content (%)
5
__________		 Office content (%)
15
__________		 Office content (%)
17
__________
Car parking
70
__________		 Car parking
87
__________		 Car parking
65
__________
Major tenant
PCG GmbH
__________		 Major tenant
Solideal Deutschland GmbH
__________		 Major tenant
Compass Security Logistik GmbH
__________
Acquisition date
Dec 2006
__________		 Acquisition date
Dec 2006
__________		 Acquisition date
Jun 2007
__________
Acquisition price plus additions: (EU'm)
7.00
__________		 Acquisition price plus additions: (EU'm)
19.30
__________		 Acquisition price plus additions: (EU'm)
15.60
__________
Book value: (EU'm)
3.90
__________		 Book value: (EU'm)
19.50
__________		 Book value: (EU'm)
14.20
__________
Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________		 Independent valuation date
Dec 2010
__________
Independent valuation (EU'm)
4.40
__________		 Independent valuation (EU'm)
18.00
__________		 Independent valuation (EU'm)
11.60
__________
Initial yield (%)
12.21
__________		 Initial yield (%)
7.12
__________		 Initial yield (%)
7.96
__________
Leased by area (%)
70
__________		 Leased by area (%)
100
__________		 Leased by area (%)
100
__________
Weighted lease term by income: (year/s)
1.7
__________		 Weighted lease term by income: (year/s)
9
__________		 Weighted lease term by income: (year/s)
0.9
__________
Available (%)
17
__________		 Available (%)
0
__________		 Available (%)
0
__________
2012 (%)
10
__________		 2012 (%)
0
__________		 2012 (%)
100
__________
2013 (%)
68
__________		 2013 (%)
0
__________		 2013 (%)
0
__________
2014 (%)
5
__________		 2014 (%)
0
__________		 2014 (%)
0
__________
2015 (%)
0
__________		 2015 (%)
0
__________		 2015 (%)
0
__________
2016 (%)
0
__________		 2016 (%)
0
__________		 2016 (%)
0
__________
2017 (%)
0
__________		 2017 (%)
0
__________		 2017 (%)
0
__________
2018 (%)
0
__________		 2018 (%)
0
__________		 2018 (%)
0
__________
2019 (%)
0
__________		 2019 (%)
0
__________		 2019 (%)
0
__________
2020 (%)
0
__________		 2020 (%)
100
__________		 2020 (%)
0
__________
2021+ (%)
0
__________		 2021+ (%)
0
__________		 2021+ (%)
0
__________

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 83

inDUStriaL PortfoLio Europe

==> picture [158 x 158] intentionally omitted <==

==> picture [158 x 158] intentionally omitted <==

==> picture [158 x 158] intentionally omitted <==

Carl-Leverkus-Strabe 3, 5, Winkelsweg 182-184, Langenfeld

Schneiderstrabe 82, Langenfeld

Former Strabe 6, Unna

The complex consists of a three buildings, including a detached three storey office building and two distribution facilities. The surrounding area comprises a mixture of commercial and residential uses. The site is located in close proximity to the A3 motorway.

The property consists of a warehouse/office complex erected in three phases. The main four storey warehouse is constructed of a reinforced concrete frame, partly with brick walls with washed concrete facade. The site is located in close proximity to the A3 motorway.

The property comprises a office/warehouse facility with reinforced concrete frame partly with brick walls and a profiled metal cladding facade with thermal insulation. The site is well located at the junction of the A1 and A2 motorways.

Details

Details

Details


Details
Details
Details
Metro area
Langenfeld
__________		 Metro area
Langenfeld
__________		 Metro area
Unna
__________
Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________		 Building type
Distribution Centre
__________
Title
Freehold
__________		 Title
Freehold
__________		 Title
Freehold
__________
Ownership
DXS
__________		 Ownership
DXS
__________		 Ownership
DXS
__________
Zoning
GE Commercial Area
__________		 Zoning
GI Industrial Area
__________		 Zoning
GE Commercial Area
__________
Year built
1962
__________		 Year built
1983
__________		 Year built
1990
__________
Site Area (acres)
9.8
__________		 Site Area (acres)
6.2
__________		 Site Area (acres)
17.6
__________
Lettable area ('000 m2)
27.6
__________		 Lettable area ('000 m2)
11.1
__________		 Lettable area ('000 m2)
26.8
__________
Site coverage (%)
64
__________		 Site coverage (%)
44
__________		 Site coverage (%)
38
__________
Number of buildings
3
__________		 Number of buildings
1
__________		 Number of buildings
1
__________
Number of units
3
__________		 Number of units
1
__________		 Number of units
1
__________
Average unit size ('000 m2)
9.2
__________		 Average unit size ('000 m2)
11.1
__________		 Average unit size ('000 m2)
26.8
__________
Office content (%)
34
__________		 Office content (%)
14
__________		 Office content (%)
5
__________
Car parking
90		 Major tenant
Logwin Solutions Fashion GmbH &		 Major tenant
Woolworth
__________
Major tenant
Enthone GmbH		 Co. KG
__________		 __________
Acquisition date
Dec 2006
__________
Acquisition date
Dec 2006		 Acquisition date
Dec 2006
__________		 __________
Acquisition price plus additions: (EU'm)
16.20
__________
Acquisition price plus additions: (EU'm)
9.60		 Acquisition price plus additions: (EU'm)
5.50
__________		 __________
Book value: (EU'm)
11.10
__________
Book value: (EU'm)
7.00		 Book value: (EU'm)
4.30
__________		 __________
Independent valuation date
Jun 2011
__________
Independent valuation date
Jun 2011		 Independent valuation date
Jun 2011
__________		 __________
Independent valuation (EU'm)
11.10
__________
Independent valuation (EU'm)
7.00		 Independent valuation (EU'm)
4.30
__________		 __________
Market cap rate (%)
8.89
__________
Market cap rate (%)
10.61		 Market cap rate (%)
10.00
__________		 __________
Initial yield (%)
9.05
__________
Initial yield (%)
11.00		 Initial yield (%)
10.76
__________		 __________
Leased by area (%)
100
__________
Leased by area (%)
66		 Leased by area (%)
100
__________		 __________
Weighted lease term by income: (year/s)
2.3
__________
Weighted lease term by income: (year/s)
4		 Weighted lease term by income: (year/s)
0.5
__________		 __________
Available (%)
0
__________
Available (%)
20		 Available (%)
0
__________		 __________
2012 (%)
0
__________
2012 (%)
22		 2012 (%)
100
__________		 __________
2013 (%)
0
__________
2013 (%)
0		 2013 (%)
0
__________		 __________
2014 (%)
100
__________
2014 (%)
0		 2014 (%)
0
__________		 __________
2015 (%)
0
__________
2015 (%)
0		 2015 (%)
0
__________		 __________
2016 (%)
0
__________
2016 (%)
0		 2016 (%)
0
__________		 __________
2017 (%)
0
__________
2017 (%)
58		 2017 (%)
0
__________		 __________
2018 (%)
0
__________
2018 (%)
0		 2018 (%)
0
__________		 __________
2019 (%)
0
__________
2019 (%)
0		 2019 (%)
0
__________		 __________
2020 (%)
0
__________
2020 (%)
0		 2020 (%)
0
__________		 __________
2021+ (%)
0
______
2021+ (%)
0
________		 2021+ (%)
0
__________		 __________

84 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

inDEX

officE PortfoLio – aUStraLia anD nEw ZEaLanD............................20 Garema Court, 140-180 City Walk, Canberra, ACT ...........................................21 14 Moore Street, Canberra, ACT .......................................................................21 The Zenith, 821 Pacific Highway, Chatswood, NSW..........................................21 11 Talavera road, Macquarie Park, NSW .........................................................22 40-50 Talavera road, Macquarie Park, NSW ....................................................22 144 Wicks road, Macquarie Park, NSW ...........................................................22 Victoria Cross, 60 Miller Street, North Sydney, NSW .........................................23 130 George Street, Parramatta, NSW ...............................................................23 105 Phillip Street, Parramatta, NSW .................................................................23 1 Bligh Street, Sydney, NSW .............................................................................24 45 Clarence Street, Sydney, NSW .....................................................................24 201-217 elizabeth Street, Sydney, NSW ............................................................24 Governor Phillip & Macquarie Tower Complex, 1 Farrer Place, Sydney, NSW ....25 Australia Square Complex, 264-278 George Street, Sydney, NSW ....................25 30 The Bond, 30-34 Hickson road, Sydney, NSW ...........................................25 309-321 Kent Street, Sydney, NSW ..................................................................26 383-395 Kent Street, Sydney, NSW ..................................................................26 one Margaret Street, Sydney, NSW ...................................................................26 44 Market Street, Sydney, NSW ........................................................................27 123 Albert Street, Brisbane, QlD .....................................................................27 Flinders Gate Complex, 172 Flinders Street & 189 Flinders lane, Melbourne, ViC ..................................................................27 8 Nicholson Street, Melbourne, ViC ..................................................................28 Southgate Complex, 3 Southgate Avenue, Southbank, ViC ...............................28 Woodside Plaza, 240 St Georges Terrace, Perth, WA ........................................28 lumley Centre, 88 Shortland Street, Auckland .................................................29 car Park PortfoLio – aUStraLia ......................................................30 383-395 Kent Street, Sydney, NSW ..................................................................30 32-44 Flinders Street, Melbourne, ViC .............................................................31 Flinders Gate Complex, 172 Flinders Street, Melbourne, ViC ............................31 34-60 little Collins Street, Melbourne, ViC .......................................................31 inDUStriaL PortfoLio – aUStraLia ...................................................32 52 Holbeche road, Arndell Park, NSW.............................................................33 79-99 St Hilliers road, Auburn, NSW ...............................................................33 3 Brookhollow Avenue, Baulkham Hills, NSW ...................................................33 1 Garigal road, Belrose, NSW ..........................................................................34 2 Minna Close, Belrose, NSW ...........................................................................34 30-32 Bessemer Street, Blacktown, NSW ........................................................34 114-120 old Pittwater road, Brookvale, NSW ..................................................35 2 Alspec Place, eastern Creek, NSW ................................................................35 94-106 lenore Drive, erskine Park, NSW .........................................................35 145-151 Arthur Street, Flemington, NSW..........................................................36 436-484 Victoria road, Gladesville, NSW.........................................................36 1 Foundation Place, Greystanes, NSW..............................................................36 Quarry industrial estate, reconciliation road, Greystanes, NSW ......................37 27-29 liberty road, Huntingwood, NSW ..........................................................37 Kings Park industrial estate, Vardys road, Marayong, NSW .............................37 2-4 Military road, Matraville, NSW ..................................................................38 154 o’riordan Street, Mascot, NSW .................................................................38 5-15 rosebery Avenue, rosebery, NSW ...........................................................38 25-55 rothschild Avenue, rosebery, NSW .......................................................39 10-16 South Street, rydalmere, NSW ...............................................................39 Centrewest industrial estate, Silverwater, NSW .................................................39 DeXUS industrial estate, egerton Street, Silverwater, NSW ...............................40 12 Frederick Street, St leonards, NSW .............................................................40 30 Bellrick Street, Acacia ridge, QlD ...............................................................40 25 Donkin Street, West end Brisbane, QlD ......................................................41 57-101 Balham road, Archerfield, QlD ............................................................41 15-23 Whicker road, Gillman, SA.....................................................................41

Target Distribution Centre, Tarras road, Altona North, ViC ...............................42 114 Fairbank road, Clayton, ViC ......................................................................42 Pound road West, Dandenong, ViC .................................................................42 Knoxfield industrial estate, Henderson road, Knoxfield, ViC ............................43 250 Forest road South, lara, ViC ....................................................................43 DeXUS industrial estate, Boundary road, laverton North (including 440 Doherty’s road), ViC ........................................43 12-18 Distribution Drive, laverton North, ViC ...................................................44 Axxess Corporate Park, Cnr Ferntree Gully & Gilby roads, Mount Waverley, ViC .....................................................................44 inDUStriaL PortfoLio – UnitED StatES ............................................45 west coast properties ..............................................................................46 13602 12th Street, Chino, California .................................................................46 3590 De Forest Circle, Mira loma, California....................................................46 1450 e Francis Street, 1951 S Parco Street, 1401 e Cedar Street, ontario, California ...........................................................46 1777 S Vintage Avenue, ontario, California ......................................................47 4190 Santa Ana Street, ontario, California .......................................................47 11653 6th Street, 9357 richmond Place & 9371 Buffalo Avenue, rancho Cucamonga, California ......................................47 12000 Jersey Court, rancho Cucamonga, California ........................................48 9545 Santa Anita Avenue, rancho Cucamonga ...............................................48 4200 Santa Ana, riverside, California .............................................................48 6530 Altura Boulevard, Buena Park, California ..................................................49 1100 Hatcher Avenue & 17521 & 17531 railroad Street, industry, California ...49 14489 industry Circle, la Mirada, California .....................................................49 14501 Artesia Boulevard, la Mirada, California ................................................50 14555 Alondra Boulevard, la Mirada, California ...............................................50 5911-5915 Fresca Drive, la Palma, California ..................................................50 3550 Tyburn Street & 3332–3424 N San Fernando road, los Angeles, California .....................................................................................51 Summit oaks, 28515 Westinghouse Place, Santa Clarita, California .................51 9210 San Fernando road, Sun Valley, California ................................................51 7510-7520 Airway road, San Diego, California .................................................52 Kent West Corporate Park, 21902 64th Avenue S, Kent, Washington ...............52 riverbend Commerce Park, 8005 South 266th Street & 26507 79th Avenue South, Kent, Washington ..................................................52 whirlpool properties ................................................................................53 3691 North Perris Boulevard, Perris, California ................................................53 13201 South orange Avenue, orlando, Florida .................................................53 195 King Mill road, McDonough, Georgia ........................................................53 6241 Shook road, lockbourne, Columbus, ohio .............................................54 19700 38th Avenue east, Spanaway, Washington ............................................54 central – east coast properties .................................................................55 300 Townpark Drive, Kennesaw, Georgia .........................................................55 Fort Holabird industrial, 1811 & 1831 Portal Street & 6615 Tributary Street, Baltimore, Maryland ...................................................55 9112 Guilford road, Columbia, Maryland .........................................................55 8155 Stayton Drive, Jessup, Maryland ..............................................................56 8306 Patuxent range road & 8332 Bristol Court, Jessup, Maryland ...............56 8350 & 8351 Bristol Court, Jessup, Maryland ..................................................56 MD Wholesale Food Market, 7951 ocean Avenue & 7970 Tarbay Drive, Jessup, Maryland ...........................................................57 1015 & 1025 West Nursery road, linthicum Heights, Maryland ......................57 Cabot Techs, 989-991 Corporate Boulevard, linthicum Heights, Maryland ......57 Ne Baltimore, 21 & 23 Fontana lane, rosedale, Maryland ..............................58 3520-3600 Westinghouse Boulevard, Charlotte, North Carolina .......................58 9900 Brookford Street, Charlotte, North Carolina .............................................58 10013-11093 Kenwood road, Cincinnati, ohio .................................................59 World Park, 9756 & 9842 international Boulevard, Cincinnati, ohio .................59 1825 Airport exchange Boulevard, erlanger, Kentucky .....................................59 7453 empire Drive, Florence, Kentucky ............................................................60

DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS 85

inDEX continUED

7930 & 7940 Kentucky Drive, Florence, Kentucky ...........................................60 1910 international Way, Hebron, Kentucky .......................................................60 2700 international Street, Columbus, ohio .......................................................61 4343 & 4401 equity Drive, 1614-1634 Westbelt Drive & 1901-1919 Dividend Drive, Columbus, ohio .....................................................61 Se Columbus, 2626 Port road, Columbus, ohio ..............................................61 912 113th Street & 2300 east randoll Mill road, Arlington, Texas ...................62 555 Airline Drive, Coppell, Texas ......................................................................62 11411, 11460-11480 & 11550-11560 Hillguard road, Dallas, Texas ................62 1900 Diplomat Drive, Dallas, Texas ..................................................................63 2055 Diplomat Drive, Dallas, Texas ..................................................................63 CTC at Valwood, 13755 Hutton Drive, Dallas, Texas .........................................63 11011 regency Crest Drive, Garland, Texas ......................................................64 Garland Jupiter, Garland, Texas ........................................................................64 1600-1700 Capital Avenue, Plano, Texas .........................................................64 1800-1808 10th Street, Plano, Texas ...............................................................65 2701, 2801, 2805 east Plano Parkway & 2700 Summit Avenue, Plano, Texas .................................................................65 3601 east Plano Parkway & 1000 Shiloh road, Plano, Texas ...........................65 820-860 F Avenue, Plano, Texas .....................................................................66 Plano Parkway, Plano, Texas ............................................................................66 885 east Collins Boulevard, richardson, Texas ................................................66 850 North lake Drive, Weatherford, Texas .......................................................67 Braemar ridge, 7500 West 78th Street, Bloomington, Minnesota ....................67 Brooklyn Park interstate Center, 7700 68th Avenue, Brooklyn Park, Minnesota .................................................................................67 eagandale Business Campus, 1285 & 1301 Corporate Centre Drive, 1230 & 1270 eagan industrial road, eagan, Minnesota ...................................68 6105 Trenton lane North, Minneapolis, Minnesota ..........................................68 2222-2298 Wooddale Drive, St Paul, Minnesota ..............................................68 2950 lexington Avenue South, St Paul, Minnesota...........................................69 300 & 405-444 Swann Avenue, 2402-2520 oakville Street & 2412-2610 Jefferson Davis Highway, Alexandria, Virginia .................................69 326-446 Calvert Avenue & 401-403 Murry’s Avenue, Alexandria, Virginia ...........................................................................................69 44633-44645 Guilford road & 21641 Beaumeade Circle, Ashburn, Virginia ..............................................................................................70 CTC at Dulles, 13555 eDS Drive, Herndon, Virginia ..........................................70 7500 exchange Drive, orlando, Florida ............................................................70 orlando Central Park, 7600 Kingspointe Parkway, 8259 exchange Drive, 7451-7488 Brokerage Drive & 2900-2901 Titan row, orlando, Florida ...........................................................71 1000 South Priest Drive, Phoenix, Arizona .......................................................71 105-107 South 41st Avenue, Phoenix, Arizona .................................................71 1429-1439 South 40th Avenue, Phoenix, Arizona ............................................72 220 South 9th Street, Phoenix, Arizona ............................................................72 431 North 47th Avenue, Phoenix, Arizona ........................................................72 601 South 55th Avenue, Phoenix, Arizona ........................................................73 844 44th Avenue, Phoenix, Arizona .................................................................73 1120-1150 West Alameda Drive, Tempe, Arizona .............................................73 10397 West Van Buren Street, Tolleson, Arizona ..............................................74 1803 Grandstand Drive, San Antonio, Texas .....................................................74 202 S Tayman road, San Antonio, Texas .........................................................74 302-402 N Tayman road, San Antonio, Texas .................................................75 8151-8161 interchange Parkway, San Antonio, Texas .......................................75 8171 interchange Parkway, San Antonio, Texas ................................................75 8181 interchange Parkway, San Antonio, Texas ................................................76 8191 interchange Parkway, San Antonio, Texas ................................................76 Cornerstone Building, 5411 i-10 east & 1228 Cornerway Boulevard, San Antonio, Texas ...........................................................................................76 Tri-County 2, Tri-County Parkway, Schertz, Texas .............................................77 Tri-County 5, Tri-County Parkway, Schertz, Texas .............................................77 Tri-County 6, Tri-County Parkway, Schertz, Texas .............................................77

inDUStriaL PortfoLio – EUroPE ........................................................78 Zone industrielle epône ii, 78680 epône, Paris ................................................79 Servon 1, route Nationale 19 l’orme rond, 77170 Servon, Paris ....................79 Servon 2, route Nationale 19 l’orme rond, 77170 Servon, Paris ....................79 32 Avenue de l’océanie, 91140 Villejust, Paris .................................................80 19 rue de Bretagne, 38070 Saint-Quentin-Fallavier, lyon ................................80 im Holderbusch 3,Sulmstraße, ellhofen, Baden-Württemberg ..........................80 Schillerstraße 51, ellhofen, Baden-Württemberg ...............................................81 Schillerstraße 42, 42a, Bahnhofstraße 44, 50, ellhofen, Baden-Württemberg ...........................................................................81 im Steinbruch 4, 6, Knetzgau, Bayern ..............................................................81 Bremer ring & Hansestraße, Wustermark, Berlin, Brandenburg .......................82 im Gewerbegebiet 18, Friedewald, Hessen .......................................................82 Niedesheimer Straße 24, Worms, Hessen .........................................................82 Über der Dingelstelle, langenweddingen, Niedersachsen .................................83 liverpooler Straße, Kopenhagener Straße, osloer Straße, Friemersheim, Duisburg, Nordrhein Westfalen ...........................83 Theodorstraße, Düsseldorf, Nordrhein Westfalen ..............................................83 Carl-leverkus-Straße 3, 5, Winkelsweg 182-184, langenfeld, Nordrhein Westfalen ......................................................................84 Schneiderstraße 82, langenfeld, Nordrhein Westfalen .....................................84 Former Straße 6, Unna, Nordrhein Westfalen ...................................................84

86 DEXUS ProPErty GroUP 2011 ProPerTy SyNoPSiS

DirEctory

DeXUS Diversified Trust ArSN 089 324 541

DeXUS industrial Trust ArSN 090 879 137

DeXUS office Trust ArSN 090 768 531

DeXUS operations Trust ArSN 110 521 223

responsible entity

DeXUS Funds Management limited ABN 24 060 920 783

registered office of responsible entity

level 9, 343 George Street Sydney NSW 2000

Po Box r1822 royal exchange Sydney NSW 1225

Phone: +61 2 9017 1100 Fax: +61 2 9017 110 1 email: [email protected] Website: www.dexus.com

investor enquiries

infoline: 1800 819 675 or +61 2 8280 7126 investor relations: +61 2 9017 1330 email: [email protected] Website: www.dexus.com

Security registry

link Market Services limited level 12, 680 George Street Sydney NSW 2000

locked Bag A14 Sydney South NSW 1235 registry infoline: 1800 819 675 or +61 2 8280 7126 Fax: +61 2 9287 0303 email: [email protected] Website: www.linkmarketservices.com.au

Monday to Friday between 8.30am and 5.30pm (Sydney time).

For enquiries regarding your holding you can either contact the Security registry, or access your holding details via the login area on our website www.dexus.com

Australian Stock exchange

ASX Code: DXS

2011 DEXUS Property Group ProPerty SynoPSiS

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