| DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate Dexus Finance Pty Limited: Settlement of JV acquisition of interest in Rialto Towers Melbourne 04-Jun-2020 / 04:09 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 4 June 2020 Settlement of JV acquisition of interest in Rialto Towers, Melbourne Dexus announces the settlement of the acquisition of a 50% interest in Rialto Towers, 525 Collins Street, Melbourne on behalf of a Joint Venture ("JV") with GIC that was previously announced to the Australian Securities Exchange on 6 April 2020. GIC holds a 90% share in the JV and Dexus holds the remaining 10%. Dexus is the investment manager of the JV and has been appointed as the manager of the entire Rialto Towers complex. Dexus's interest was funded from existing debt facilities. Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited. For further information please contact:
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 $33.8 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 $16.8 billion of properties, with a further $17.0 billion of properties managed on behalf of third-party clients. The group's $11.2 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.8 million square metres of office workspace across 55 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 27,000 investors from 20 countries. With 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 04-Jun-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: | +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: | 1062527 |
| End of Announcement | DGAP News Service |
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1062527 04-Jun-2020 CET/CEST
