Dexus (ASX: DXS)

ASX release

4 August 2021

Settlement of 60 Miller Street, North Sydney

Dexus announces that it has settled on the sale of 60 Miller Street, North Sydney.

The asset was sold for $273 million1, with details relating to the transaction previously announced to the Australian Securities Exchange on 2 November 2020.

The 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

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

About Dexus

Dexus is one of Australia's leading real estate groups, managing a high-quality Australian property portfolio valued at $36.5 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 $15.5 billion of office, industrial and healthcare properties. We manage a further $21.0 billion of office, retail, industrial and healthcare properties for third party clients. The group's $11.5 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

1 Net sale proceeds are before transaction costs.

Attachments

  • Original document
  • Permalink

Disclaimer

DEXUS Property Group published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 23:55:03 UTC.