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DEXUS — Capital/Financing Update 2022
Nov 14, 2022
64807_rns_2022-11-14_390b236c-b826-4d50-b516-4d3d40ec3282.pdf
Capital/Financing Update
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Dexus (ASX: DXS) ASX release
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15 November 2022
Update on Collimate Capital acquisition
Dexus notes today’s announcement by AMP Limited (“AMP”) titled “Update on Collimate Capital Sales” and confirms that significant progress has been made by both Dexus and AMP toward satisfying all conditions precedent for the transaction.
Dexus and AMP are working constructively together towards completion, and we will update the market on the likely completion date as soon as possible.
Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited
For further information please contact:
Investors Media Rowena Causley Jim Kelly Head of Listed Investor Relations Domestique +61 2 9017 1390 +61 412 549 083 +61 416 122 383 [email protected] [email protected]
About Dexus
Dexus (ASX: DXS) is one of Australia’s leading fully integrated real estate groups, managing a high-quality Australian property portfolio valued at $44.3 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 in Australia, and directly own $18.4 billion of office, industrial and healthcare properties and investments. We manage a further $25.9 billion of office, retail, industrial and healthcare properties in our funds management business, which provides third party capital with exposure to quality sector specific and diversified real estate investment products. The funds within this business have a strong track record of delivering outperformance and benefit from Dexus’s capabilities. The group’s $17.7 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Dexus is listed on the Australian Securities Exchange and is supported by more than 29,000 investors from 24 countries. With over 35 years of expertise in property investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering superior risk-adjusted returns for investors. We consider sustainability (ESG) to be an integral part of our business with the objectives of Leading Cities, Future Enabled Customers, Strong Communities, Thriving People and an Enriched Environment supporting our overarching goal of Sustained Value. 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