Sale of 44 Market Street, Sydney

9 June 2023

Sale of 44 Market Street, Sydney

Dexus announces that it has exchanged contracts to sell a Sydney CBD A grade office building at 44 Market Street, Sydney.

The sale will realise proceeds of $393.1 million¹, reflecting a 17.2% discount to the December 2022 independent valuation.

The sale is subject to FIRB approval and is otherwise unconditional. Settlement is expected in late July 2023.

Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited

Footnotes:

1. Reflects net sale price and excludes transaction costs.