02 May 2022

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


 

Contacts

Rowena Causley

Head of Listed Investor Relations

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