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.
1 Reflects gross sales price and excludes adjustments and transaction costs.
Head of Listed Investor Relations