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Dexus Finance Pty Limited: Settlement of 45 Clarence Street Sydney

·2-min read

Dexus Finance Pty Limited / Key word(s): Real Estate
Dexus Finance Pty Limited: Settlement of 45 Clarence Street Sydney

18-Dec-2020 / 03:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Dexus (ASX: DXS)

ASX release

18 December 2020

Settlement of 45 Clarence Street, Sydney

Dexus today announced that it has settled on the sale of its 100% interest in 45 Clarence Street, Sydney.

The net sale proceeds of $530 million will initially be used to repay debt.

Details relating to the transaction were previously announced to the Australian Securities Exchange on 24 June 2020.


Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited

For further information please contact:

 

 

Information and Explanation of the Issuer to this News:

About Dexus

Dexus is one of Australia's leading real estate groups, managing a high-quality Australian property portfolio valued at $32.0 billion. We believe that the strength and quality of our relationships is central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia and directly own $16.5 billion of properties, with a further $15.5 billion of properties managed on behalf of third-party clients. The group's $10.4 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.8 million square metres of office workspace across 51 properties, we are Australia's preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by 29,000 investors from 21 countries. With over 35 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for investors. www.dexus.com

Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS)
Level 25, 264 George Street, Sydney NSW 2000

18-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Investors
Merren Favretto
Senior Manager, Investor Relations
+61 2 9080 1559
+61 472 986 355
merren.favretto@dexus.com

Media
Louise Murray
Senior Manager, Corporate Communications
+61 2 9017 1446
+61 403 260 754
louise.murray@dexus.com

Investors
Merren Favretto
Senior Manager, Investor Relations
+61 2 9080 1559
+61 472 986 355
merren.favretto@dexus.com

Media
Louise Murray
Senior Manager, Corporate Communications
+61 2 9017 1446
+61 403 260 754
louise.murray@dexus.com

Language:

English

Company:

Dexus Finance Pty Limited

264 George Street

2193 Sydney

Australia

Phone:

+61 2 9017 1100

Fax:

+61 2 9017 1101

E-mail:

ir@dexus.com

Internet:

www.dexus.com

ISIN:

XS1961891220

WKN:

A2RZHG

Listed:

Regulated Unofficial Market in Frankfurt

EQS News ID:

1156189


 

End of Announcement

DGAP News Service

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