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Dexus Unveils New Fund with $683M Westfield Chermside Stake
8:34am on Friday 12th of December, 2025 AEDT
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Real Estate
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Dexus Unveils New Fund with $683M Westfield Chermside Stake
8:34am on Friday 12th of December, 2025 AEDT
Key Points
Launch of Dexus Strategic Investment Trust (DSIT) with Westfield Chermside acquisition
Dexus increases total stake in Westfield Chermside to 50%
Initial Dexus co-investment of $170 million in DSIT1
DREP2 equity commitments exceed target, reaching circa $870 million
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