Settlement of 309-321 Kent Street Sydney

2 May 2022

Settlement of 309-321 Kent Street, Sydney

Dexus announces that it has settled on the sale of its 50% interest in 309-321 Kent Street, Sydney.

The asset was sold for $401 million¹, with detail relating to the transaction previously announced to the Australian Securities Exchange on 23 December 2021.

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

Footnotes:
1 Reflects gross sales price and excludes adjustments and transaction costs.