An Unknown buyer agreed to acquire 50% of stake in 309-321 Kent Street, Sydney from Dexus (ASX:DXS) for approximately AUD 400 million on December 23, 2021. The sale will realise proceeds of AUD 401 million, with net sale proceeds initially being used to repay debt. The transaction is subject to a number of conditions including FIRB application and approval. Subject to the satisfaction of conditions, settlement is expected in April 2022.

An Unknown buyer completed the acquisition of 50% of stake in 309-321 Kent Street, Sydney from Dexus (ASX:DXS) on May 2, 2022.