BUZZ - Shares of Australia’s Dexus fall after court rules it must pay $21.05 million to APAC and other parties

October 27 - ** Dexus DXS.AX share price once fell by 2.1% to 5.66 AUD, potentially marking the largest single-day decline since October 1.

** This real estate asset management company stated that the Supreme Court of New South Wales has ruled (link) that its subsidiary must pay approximately 30 million AUD (about 21.05 million USD) to Australia Pacific Airports Corporation (APAC), IFM Investors and other parties.

** Citigroup analysts pointed out that, although the APAC issue remains an ongoing negative factor, improvements in provisioning quantification and disclosure should help investors assess the overall scale of the loss.

** Citigroup further noted that the company's FY2027 earnings guidance implies a decline in profitability.

** Including volatility on this trading day, shares have decreased by 18% year-to-date.

(1 USD = 1.4249 AUD)

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