December 12, 2016 / 10:55 PM / in 7 months

BRIEF-Dexus Property updates on valuations of portfolios

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Dec 13 (Reuters) - Dexus Property Group :

* "with property fundamentals continuing to improve in Sydney & Melbourne we expect to see underlying valuation assumptions improving over next 12 mths"

* "Brisbane office market is showing signs of improvement, however Perth remains challenging"

* Valuations has resulted in an estimated $341 million or 3.2% increase on prior book values for six months to 31 december 2016 Source text for Eikon: Further company coverage:

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