DGAP-Adhoc: Dexus Finance Pty Limited: Settlement of JV acquisition of interest in Rialto Towers Melbourne

DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Real Estate 
Dexus Finance Pty Limited: Settlement of JV acquisition of interest in 
Rialto Towers Melbourne 
 
04-Jun-2020 / 04:09 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Dexus (ASX: DXS)* 
 
*ASX release* 
 
*4 June 2020* 
 
*Settlement of JV acquisition of interest in Rialto Towers, Melbourne* 
 
Dexus announces the settlement of the acquisition of a 50% interest in 
Rialto Towers, 525 Collins Street, Melbourne on behalf of a Joint Venture 
("JV") with GIC that was previously announced to the Australian Securities 
Exchange on 6 April 2020. 
 
GIC holds a 90% share in the JV and Dexus holds the remaining 10%. 
 
Dexus is the investment manager of the JV and has been appointed as the 
manager of the entire Rialto Towers complex. 
 
Dexus's interest was funded from existing debt facilities. 
 
_Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus 
Funds Management Limited._ 
 
*For further information please contact:* 
 
*Investors*                    *Media* 
David Yates                    Louise Murray 
Executive General Manager,     Senior Manager, Corporate 
Investor Relations             Communications 
[phone]                [phone] 
[phone]                [phone] 
[e-mail]          [e-mail] 
 
Information and Explanation of the Issuer to this News: 
 
*About Dexus* 
 
Dexus is one of Australia's leading real estate groups, managing a 
high-quality Australian property portfolio valued at $33.8 billion. We 
believe that the strength and quality of our relationships is central to our 
success and are deeply committed to working with our customers to provide 
spaces that engage and inspire. We invest only in Australia and directly own 
$16.8 billion of properties, with a further $17.0 billion of properties 
managed on behalf of third-party clients. The group's $11.2 billion 
development pipeline provides the opportunity to grow both portfolios and 
enhance future returns. With 1.8 million square metres of office workspace 
across 55 properties, we are Australia's preferred office partner. Dexus is 
a Top 50 entity by market capitalisation listed on the Australian Securities 
Exchange (trading code: DXS) and is supported by 27,000 investors from 20 
countries. With 35 years of expertise in property investment, development 
and asset management, we have a proven track record in capital and risk 
management, providing service excellence to tenants and delivering superior 
risk-adjusted returns for investors. www.dexus.com 
 
Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible 
Entity for Dexus (ASX: DXS) Level 25, 264 George Street, Sydney NSW 2000 
 
04-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     Dexus Finance Pty Limited 
             264 George Street 
             2193 Sydney 
             Australia 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.dexus.com 
ISIN:        XS1961891220 
WKN:         A2RZHG 
Listed:      Regulated Unofficial Market in Frankfurt 
EQS News ID: 1062527 
 
End of Announcement DGAP News Service 
 
1062527 04-Jun-2020 CET/CEST 
 
 

(END) Dow Jones Newswires

June 03, 2020 22:09 ET (02:09 GMT)