DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate Dexus Finance Pty Limited: Settlement of 10 Eagle Street Brisbane 31-May-2021 / 08:10 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- Dexus (ASX: DXS) ASX release 31 May 2021 Settlement of 10 Eagle Street, Brisbane Dexus today announced that it has settled on the sale of 10 Eagle Street, Brisbane, owned by the Dexus Office Partnership in which Dexus holds a 50% interest. The asset was sold for USD285 million^[1], with details relating to the transaction previously announced to the Australian Securities Exchange on 6 April 2021. Dexus's net sale proceeds will initially be used to repay debt. Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited. For further information please contact: Investors Media David Yates Louise Murray Executive General Manager, Investor Relations Senior Manager, Corporate Communications +61 2 9017 1424 +61 2 9017 1446 +61 418 861 047 +61 403 260 754 david.yates@dexus.com louise.murray@dexus.com
^[1] Gross sale proceeds excluding transaction costs. ----------------------------------------------------------------------------------------------------------------------- Information and Explanation of the Issuer to this News:
About Dexus
Dexus is one of Australia's leading real estate groups, managing a high-quality Australian property portfolio valued at USD36.5 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 USD15.5 billion of office, industrial and healthcare properties. We manage a further USD21.0 billion of office, retail, industrial and healthcare properties for third party clients. The group's USD11.5 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by more than 29,000 investors from 24 countries. With 36 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
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 -----------------------------------------------------------------------------------------------------------------------
31-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------
Language: English
Company: Dexus Finance Pty Limited
264 George Street
2193 Sydney
Australia
Phone: +61 2 9017 1100
Fax: +61 2 9017 1101
E-mail: ir@dexus.com
Internet: www.dexus.com
ISIN: XS1961891220
WKN: A2RZHG
Listed: Regulated Unofficial Market in Frankfurt
EQS News ID: 1202336
End of Announcement DGAP News Service
=------------ 1202336 31-May-2021 CET/CEST
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https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1202336&application_name=news(END) Dow Jones Newswires
May 31, 2021 02:11 ET (06:11 GMT)
