Dexus is an Australasian real assets manager and owner. Founded in 1984, it is listed on the Australian Securities Exchange.
History Dexus was listed by Deutsche Bank on the Australian Securities Exchange in 1984 as the Deutsche Diversified Trust, followed by the Deutsche Industrial Trust in 1984 and the Deutsche Office Trust in 1998.History Dexus
In 2004, all three were stapled to form the DB Rreef Trust. In 2008 it was rebranded as the Dexus Property Group after purchasing Deutsche Bank's remaining 50% shareholding.DB RREEF Trust fully intenalises management and rebrands as Dexus Dexus Property Group 21 February 2008Timeline Dexus On 27 March 2017, the company was rebranded to Dexus.Dexus launches its new brand Dexus 27 March 2017
In April 2022, Dexus purchased AMP Capital's real estate and domestic infrastructure equity business.Sale of real estate and domestic infrastructure equity business AMP Capital 27 April 2022
Notable properties Current Australia Square (50%)GPT Group to sell stake in Australia Square The Australian 24 April 2023 Macquarie Centre (25%)Dexus Lists Pacific Fair, Macquarie Centre Stakes Queensland Property Investor 5 July 2023 Nauru House (75%)MinterEllison advises Dexus on $1.5 billion acquisition of 80 Collins precinct in Melbourne MinterEllison 13 May 2019 Pacific Fair (20%) Westfield Miranda (50%)Westfield Retail Trust commences $435 million redevelopment at Westfield Miranda Westfield Corporation 27 May 2013 Westfield Warringah Mall (50%)Dexus fund acquires additional 25% interest in Westfield Warringah Mall for $410 million Shopping Centre News 18 November 2021 1 Bligh Street (37%)Dexus brings Singaporeans into 1 Bligh Street deal Australian Financial Review 22 March 2021 1 Macquarie PlaceGateway Retail Redevelopment Buildcorp 25 Martin PlaceDexus takes control of Sydney's MLC Centre in $800m deal Sydney Morning Herald 13 March 2019 123 Albert StreetDexus Funds Management Limited - 123 Albert Street retail exemption Australian Energy Regulator 480 Queen Street480 Queen Street, Brisbane Buildcorp
Former AMP Place, BrisbaneSale of 10 Eagle Street Dexus 6 April 2021 Grosvenor Place (50%)Dexus raises $925m from sale of half stake in Grosvenor Place Sydney Morning Herald 18 November 2020 King George CentralAware Real Estate enters Brisbane market with $215.5m office play Aware Super 21 November 2024 Westfield Whitford City (50%)Sell-offs and buy-ins top $1bn Australian Financial Review 4 January 2010
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