Brief: Dexus Divests 480 Queen Street, Brisbane
30/07/2026 03:38
BRIEF-Dexus Divests 480 Queen Street, Brisbane July 30 (Reuters) - Dexus DXS.AX:
DEXUS DIVESTS 480 QUEEN STREET, BRISBANE
TO SELL 480 QUEEN STREET, BRISBANE FOR GROSS A$700 MILLION
NET SALE PRICE A$657.3 MILLION, IN LINE WITH INDEPENDENT VALUATION AS AT JUNE 30, 2026
SALE SUBJECT TO FIRB APPROVAL
SALE PROCEEDS TO REDUCE PRO FORMA LOOK-THROUGH GEARING BY 1 PERCENT POINT
Further company coverage: DXS.AX
((Reuters.Briefs@thomsonreuters.com;))
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