DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate Dexus Finance Pty Limited: Settlement of MDAP acquisition of interest in 1 Bligh Street, Sydney 08-Jul-2021 / 09:32 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 8 July 2021 Settlement of MDAP acquisition of interest in 1 Bligh Street, Sydney Dexus today announced that the Mercatus Dexus Australia Partnership (MDAP), a joint venture with Mercatus Co-operative Limited (Mercatus) has settled on the acquisition of a 33.33% interest in 1 Bligh Street, Sydney for USD375 million^[1]. Mercatus holds a 90% share in MDAP, with Dexus holding the remaining 10%. Dexus is the investment manager of the JV and will continue to be the property manager. Dexus's interest will be funded from existing debt facilities. Details relating to the transaction were previously announced to the Australian Securities Exchange on 22 March 2021. Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited For further information please contact: Investors Media Rowena Causley Louise Murray Senior Manager, Investor Relations Senior Manager, Corporate Communications +61 2 9017 1390 +61 2 9017 1446 +61 416 122 383 +61 403 260 754 rowena.causley@dexus.com louise.murray@dexus.com
^[1] Excluding acquisition costs, other costs and purchase price adjustments. ----------------------------------------------------------------------------------------------------------------------- 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 -----------------------------------------------------------------------------------------------------------------------
08-Jul-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: 1216512
End of Announcement DGAP News Service
=------------ 1216512 08-Jul-2021 CET/CEST
Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1216512&application_name=news(END) Dow Jones Newswires
July 08, 2021 03:32 ET (07:32 GMT)
