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DEXUS — Capital/Financing Update 2019
Jun 20, 2019
64807_rns_2019-06-20_4b8b2e5e-faed-4914-af9f-ec8ea4625822.pdf
Capital/Financing Update
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Dexus (ASX: DXS)
ASX release
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21 June 2019
Settlement of 11 Talavera Road, Macquarie Park
Dexus today announced that it has settled on the sale of its 100% interest in 11 Talavera Road, Macquarie Park.
The sale proceeds will initially be used to repay debt and will progressively fund projects in Dexus’s pipeline of development opportunities.
Details relating to the transaction were previously announced to the Australian Securities Exchange on 25 February 2019.
For further information please contact:
Investor Relations David Yates +61 2 9017 1424 +61 418 861 047 [email protected]
Media Relations Louise Murray +61 2 9017 1446 +61 403 260 754 [email protected]
About Dexus
Dexus is one of Australia’s leading real estate groups, proudly managing a high quality Australian property portfolio valued at $28.9 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 $13.9 billion of office and industrial properties. We manage a further $15.0 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $5.0 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.7 million square metres of office workspace across 53 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 27,000 investors from 19 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)