Dexus Industria REIT (ASX:DXI) acquired remaining 50% stake in 12 Church Street, Moorebank, NSW from DEXUS (ASX:DXS) for AUD 49.6 million on February 9, 2026. A cash consideration of AUD 49.6 million will be paid by Dexus Industria REIT. As part of consideration, AUD 49.6 million is paid towards 12 Church Street, Moorebank, NSW. Upon completion, Dexus Industria REIT will hold 100% stake in 12 Church Street, Moorebank, NSW. The transaction will be financed through existing debt facilities.
Dexus Industria REIT (ASX:DXI) completed the acquisition of the remaining 50% stake in 12 Church Street, Moorebank, NSW from DEXUS (ASX:DXS) for AUD 49.6 million on February 9, 2026.
Dexus Industria REIT is an Australia-based real estate investment trust which is primarily invested in industrial warehouses. The Company's segments include Direct investments and Joint ventures. It has a target gearing range of 30 - 40%. Its properties include 34 Australis Drive, Derrimut VIC; 80-96 South Park Drive, Dandenong South VIC; 1 West Park Drive, Derrimut VIC; 89 West Park Drive, Derrimut VIC; 140 Sharps Road, Tullamarine VIC; 13 Ricky Way & 10 Jersey Drive, Epping VIC; 81-83 Rushdale Street, Knoxfield VIC; 45-55 O'Briens Road, Corio VIC; 137-147 Fitzgerald Road, Laverton North VIC; 78 Henderson Road, Rowville VIC; 350 & 356 Cooper Street, Epping VIC; 60 Grindle Road, Wacol QLD, and various others. The Company's manager is Dexus Asset Management Limited.
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