DGAP-Ad-hoc: Dexus Finance Pty Limited / Key word(s): Acquisition/Real Estate
Dexus (ASX: DXS)
27 July 2021
Results of meetings relating to APN Property Group
Dexus today announces that APN Property Group ('APN') held scheme meetings in relation to the proposal for Dexus to acquire all of the stapled securities in APN and is pleased to announce that all of the resolutions were passed. Implementation of the transaction remains subject to court approval. If that condition is satisfied, it is expected that the transaction will be implemented on 13 August 2021.
Attached is a copy of the APN announcement released to the Australian Securities Exchange (ASX) today.
Details relating to the transaction were previously announced to the ASX on 11 May 2021.
For further information please contact:
Information and Explanation of the Issuer to this News:
Dexus is one of Australia's leading real estate groups, managing a high-quality Australian property portfolio valued at $36.5 billion. We believe that the strength and quality of our relationships will always be 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 $15.5 billion of office, industrial and healthcare properties. We manage a further $21.0 billion of office, retail, industrial and healthcare properties for third party clients. The group's $11.5 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by more than 29,000 investors from 24 countries. With 36 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)
27-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||Dexus Finance Pty Limited|
|264 George Street|
|Phone:||+61 2 9017 1100|
|Fax:||+61 2 9017 1101|
|Listed:||Regulated Unofficial Market in Frankfurt|
|EQS News ID:||1221800|
|End of Announcement||DGAP News Service|
1221800 27-Jul-2021 CET/CEST