Dexus Finance Pty Limited / Key word(s): Real Estate
Dexus Finance Pty Limited: Update on Collimate Capital acquisition
15-Nov-2022 / 01:23 CET/CEST
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Dexus (ASX: DXS)
ASX release
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
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Information and Explanation of the Issuer to this announcement:
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 only 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 for third party clients. The group’s $17.7 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Sustainability is integrated across our business, and our sustainability approach is the lens we use to manage emerging ESG risks and opportunities for all our stakeholders. 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. 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
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