31 May 2021

Settlement of 10 Eagle Street Brisbane

31 May 2021

Settlement of 10 Eagle Street, Brisbane

Dexus today announced that it has settled on the sale of 10 Eagle Street, Brisbane, owned by the Dexus Office Partnership in which Dexus holds a 50% interest.

The asset was sold for $285 million1, with details relating to the transaction previously announced to the Australian Securities Exchange on 6 April 2021.

Dexus’s net sale proceeds will initially be used to repay debt.

Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited

Footnotes

  1. Gross sale proceeds excluding transaction costs.

 

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