AMP Capital transaction
AMP Capital's real estate and domestic infrastructure equity business has been acquired by Dexus*
Dexus has acquired AMP Capital’s real estate and domestic infrastructure equity business (AMP Capital). The combined business creates a leading real assets investment manager in Australia with more than $60 billion of funds under management (pro forma post final completion of the AMP Capital acquisition).
The integration of the AMP Capital business onto the Dexus platform provides investors with an expansive product offering and capabilities in real estate and infrastructure – providing a complete offering for investors.
The AMP Capital transaction reflects a two-stage completion process, with some AMP Capital funds and assets being rebranded as Dexus assets after first completion and others to remain under the AMP Capital brand until the integration of AMP Capital onto the Dexus platform is complete.
If you have any queries regarding your investment, please visit our contact page. For more information on the AMP Capital transaction, please read the relevant ASX announcements below.
Click the links below to find out more about the funds.
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Dexus's strategy is to deliver superior risk-adjusted returns for investors from high-quality real estate in Australia's major cities. Delivering these returns means outperforming the relevant three and five-year benchmarks in each market in which Dexus owns or manages properties, while providing security holders with sustainable, growing distributions.
Whilst we continue to work through the integration, further information on the Core Property Fund remains available on the AMP Capital website.
*Dexus Funds Management Limited as responsible entity of Dexus Property Trust and Dexus Operations Trust (Dexus) recently acquired AMP Capital’s real estate and domestic infrastructure equity business. Following the acquisition, Dexus intends to change the legal name of certain funds and responsible entities to reflect Dexus branding. Dexus has registered the proposed names as business names with the Australian Securities and Investments Commission. Subject to regulatory filings and approvals, the change of name is expected to be completed in 2023.
AMP Capital Investors Limited (“Investment Manager”) remains the investment manager of the AMP Capital Core Infrastructure Fund, AMP Capital Shopping Centre Fund and AMP Capital Diversified Infrastructure Trust. Dexus has also recently entered into a conditional agreement to acquire the Investment Manager, with completion of the acquisition expected to occur following receipt of a required regulatory consent.
Dexus Falcon Pty Limited is licensed to use the AMP Capital trade marks by AMP Limited. AMP Limited announced the sale of AMP Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management Ltd on 27 April 2022. Dexus Falcon Pty Limited and its products and services are not affiliated with, guaranteed by or endorsed by AMP Limited.