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DEXUS — Capital/Financing Update 2018
Mar 20, 2018
64807_rns_2018-03-20_ffa41c6c-dd63-46e8-ac65-1878649a06c1.pdf
Capital/Financing Update
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Dexus (ASX: DXS)
ASX release
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21 March 2018
Settlement of 11 Waymouth Street, Adelaide
Dexus today announced that it has settled on the sale of 11 Waymouth Street, Adelaide.
The property was owned by the Dexus Office Partnership, in which Dexus holds a 50% interest.
Details relating to the transaction were previously announced to the Australian Securities Exchange (ASX) on 22 December 2017.
Dexus will use proceeds from the sale to reduce existing debt facilities.
For further information please contact:
Investor Relations Media Relations Melanie Bourke Louise Murray +61 2 9017 1168 +61 2 9017 1446 +61 405 130 824 +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 $4.1 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)