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DEXUS — Capital/Financing Update 2018
May 31, 2018
64807_rns_2018-05-31_2cc0eb5c-fd2b-494a-a17b-05ab58073ab9.pdf
Capital/Financing Update
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Dexus (ASX:DXS)
ASX release
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1 June 2018
Settlement of the remaining interest of Southgate Complex, Melbourne
Dexus announces that late yesterday afternoon it settled on the sale of its remaining 50% interest of Southgate Complex, Melbourne.
The sale proceeds will initially be used to repay debt and will progressively fund projects in Dexus’s pipeline of development opportunities.
The transaction was previously announced to the Australian Securities Exchange on 8 August 2016.
For further information please contact:
Investor Relations Media Relations Rowena Causley Louise Murray +61 2 9017 1390 +61 2 9017 1446 +61 416 122 383 +61 403 260 754 [email protected] [email protected]
About Dexus
Dexus is one of Australia’s leading real estate groups, proudly managing a high quality Australian property portfolio valued at $26.5 billion. We believe that the strength and quality of our relationships will always be 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 $13.1 billion of office and industrial properties. We manage a further $13.4 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $4.2 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.8 million square metres of office workspace across 55 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 28,000 investors from 20 countries. With more than 30 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
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Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS)