Final settlement of Jandakot joint venture

1 April 2022

Final settlement of Jandakot joint venture

Dexus announces that Cbus Super’s investment in the Jandakot joint venture alongside the final settlement of the remaining Jandakot interest have now occurred, following the receipt of required regulatory approvals.

The circa $1.3 billion Jandakot joint venture which owns 100% of Jandakot Airport and industrial precinct in Perth is now held in the following proportions: Dexus 33.4%; Dexus Industria REIT (DXI) 33.3% and Cbus Super 33.3%.

Further detail relating to the transaction was previously announced to the Australian Securities Exchange on 1 February 2022.