DGAP-Adhoc : Dexus Finance Pty Limited: Settlement of 45 Clarence Street Sydney

 
 DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate 
Dexus Finance Pty Limited: Settlement of 45 Clarence Street Sydney 
 
18-Dec-2020 / 03:50 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* 
 
*18 December 2020* 
 
*Settlement of 45 Clarence Street, Sydney * 
 
Dexus today announced that it has settled on the sale of its 100% interest 
in 45 Clarence Street, Sydney. 
 
The net sale proceeds of $530 million will initially be used to repay debt. 
 
Details relating to the transaction were previously announced to the 
Australian Securities Exchange on 24 June 2020. 
 
_Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus 
Funds Management Limited_ 
 
*For further information please contact:* 
 
*Investors *                     *Media* 
Merren Favretto                  Louise Murray 
Senior Manager, Investor         Senior Manager, Corporate 
Relations                        Communications 
[phone]                  [phone] 
[phone]                  [phone] 
[e-mail]        [e-mail] 
 
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 $32.0 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 
$16.5 billion of properties, with a further $15.5 billion of properties 
managed on behalf of third-party clients. The group's $10.4 billion 
development pipeline provides the opportunity to grow both portfolios and 
enhance future returns. With 1.8 million square metres of office workspace 
across 51 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 29,000 investors from 21 
countries. With over 35 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 
 
18-Dec-2020 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:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.dexus.com 
ISIN:        XS1961891220 
WKN:         A2RZHG 
Listed:      Regulated Unofficial Market in Frankfurt 
EQS News ID: 1156189 
 
End of Announcement DGAP News Service 
 
1156189 18-Dec-2020 CET/CEST 
 
 

(END) Dow Jones Newswires

December 17, 2020 21:50 ET (02:50 GMT)