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Dexus Locks In $700 Million Sale of Brisbane Office to Fund Growth
9:27am on Thursday 30th of July, 2026 AEST
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Real Estate
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Dexus Locks In $700 Million Sale of Brisbane Office to Fund Growth
9:27am on Thursday 30th of July, 2026 AEST
Key Points
Sale price of $700 million with net proceeds of $657.3 million
Transaction reflects circa 4% discount to book value
Settlement expected December 2026, subject to FIRB approval
Part of proceeds deferred to June 2028 with 6% coupon
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