** Shares of online property marketplace Dexus Convenience Retail DXC.AX rise 1% to A$2.98
** Bell Potter highlights rising investor interest and improved profit margins in the retail sub-sector
** Brokerage sees an improved valuation outlook, potential industry consolidation, and increased interest from operators, citing the success of high-margin retail operators
** Bell Potter anticipates valuation growth as the industry cycles through levels, with a high 7.2% distribution yield expected in the process
** Maintains "buy" recommendation with an increased PT of A$3.35 from A$3.30
** Stock up 1.4% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
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