Historical information

Dexus has a corporate history that dates back over 30 years

Dexus is one of Australia’s leading real estate groups with a corporate history that dates back over 30 years. 2004 marked a key milestone when DB Real Estate became Dexus by stapling three of its listed property trusts, Dexus Diversified Trust (DDF), Dexus Office Trust (DOT) and Dexus Industrial Trust (DIT) with a newly formed trust, Dexus Operations Trust (DXO). The Explanatory Memorandum and Product Disclosure Statement provides further information regarding this transaction.

Dexus stapled securities comprise a proportion of each of the four trusts. Historical distribution and tax information is available in Distributions and Tax History for Dexus, the stapled entity and the three individual trusts held prior to 2004.

Since 2004, a number of regulatory changes and corporate actions have occurred. See information below on changes and/or corporate actions which have been undertaken.

2017 Capital reallocation

On 29 November 2017, Dexus announced that it will implement the Capital Reallocation Proposal (Proposal) approved by security holders at the Dexus 2017 Annual General Meeting held on 24 October 2017.

Under the Proposal, Dexus Industrial Trust and Dexus Operations Trust each made a capital distribution of 17.21 cents per unit which will be automatically applied as a contribution of capital of 34.42 cents per unit to Dexus Office Trust. Dexus confirms it remains satisfied that the Proposal is in the best interest of security holders.

In addition, the class ruling described in the Notice of Annual General Meeting and Explanatory Memorandum was issued by the Australian Taxation Office on 8 November 2017, confirming the Australian taxation implications of the capital reallocation for security holders. 

Additional information relating to the capital reallocation is provided below.

2017 Notice of Meeting

2017 ATO Class Ruling

Capital reallocation FAQ

Attribution Managed Investment Trust (AMIT)

Information pursuant to Subdivision 12-H of Schedule 1 to the Taxation Administration Act 1953 is provided for non-resident security holders and custodians of non-resident security holders only.

AMIT information

Dexus Funds Management Limited (ACN 060 920 783) ('Responsible Entity') under section 601GCA(3) of the Corporations Act 2001 (Cth) as modified by ASIC Instrument 2016/489 informs members of the trusts that the Responsible Entity amended its the Constitutions of the trusts. The amendments are in connection with the new tax regime applying to managed investment trusts which satisfy the requirements to be AMITs, which was introduced by the Tax Laws Amendment (A New Tax System for Managed Investment Trusts) Act 2016 (Cth) ('AMIT Regime').

Information relating to the AMIT Regime and the amendments made to the Constitutions are available below.

AMIT Notice

AMIT FAQs

Dexus Diversified Trust Constitution

Dexus Industrial Trust Constitution

Dexus Office Trust Constitution

Dexus Operations Trust Constitution

Commonwealth Property Office Fund (CPA) Takeover

On 11 December 2013 Dexus (Dexus) and Canada Pension Plan Investment Board (CPPIB) (together "the Consortium") made a cash and scrip off-market takeover offer (the "Dexus Offer") to acquire all of the issued units in Commonwealth Property Office Fund (CPA).

The Dexus Offer provided a cash and Dexus scrip consideration. The takeover completed in April 2014 and Dexus Funds Management Limited became the responsible entity of CPA.

Unclaimed cash and scrip consideration from the Dexus Offer were transferred to the Australian Securities & Investments Commission (ASIC). To claim your outstanding cash and scrip consideration, please visit ASIC’s Moneysmart website or contact them on 1300 300 630. The Bidders Statements provided throughout the Dexus Offer period are available below.

CPA's historical distribution, tax, MIT payment notices, unit price and unit issue details are available at Distributions and Tax History.

Bidders Statement

Supplementary Bidders Statement

Second Supplementary Bidders Statement

Third Supplementary Bidders Statement

Fourth Supplementary Bidders Statement

Individual investors

Institutional investors

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