8:10 PMPropertymarkets News
Dexus Completes $2 Billion Divestment Program Ahead of FY27 Target
Summary
Dexus has exchanged contracts to sell three wholly owned office assets for a combined gross price of $715 million, taking its divestment program to $2 billion. The company says it has now completed the program ahead of its FY27 target.
Dexus has effectively pulled forward its portfolio reset by finishing a $2 billion sell-down earlier
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A major listed landlord completing large office sales early signals how quickly capital is rotating out of challenged office exposure and sets a clearing price for the next wave of transactions.