DXS News & Analysis

Dexus (DXS) Tests Reusable Fitouts to Improve Office Demand

Dexus is implementing reusable turnkey fitouts, referred to as 'Forever Fitouts', to decrease capital costs and waste in office leasing. This strategy is part of a broader trend among premium office owners like Charter Hall and GPT to enhance tenant experience and wellness, which have become crucial for attracting tenants. Executives, including Dexus's Andy Collins, noted that more core-market lease transactions lately involved fitted space. These changes aim to address increasing tenant expectations around amenities and workplace experiences, which can influence rental costs and attract talent for businesses.