02 May 2019
Acquisition and equity raising 80 Collins Street Melbourne
Dexus Funds Management Limited ("DXFM") as responsible entity of Dexus ("Dexus" or the "Group") today announced that it has agreed to acquire the 80 Collins precinct, alongside Dexus Wholesale Property Fund ("DWPF"), for a Total Acquisition Cost of $1.476 billion (the "Acquisition") from QIC Global Real Estate. Dexus will acquire a 75% ownership interest in the 80 Collins precinct and DWPF will acquire the remaining 25% interest.
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