Dexus today announced that it had settled on the sale of the trading opportunity at 140 George Street, Parramatta to the Dexus Office Partnership.
Dexus had previously announced on 1 May 2018 that it had entered into conditional heads of agreement for the sale of the site.
The trading profits from the sale, when combined with the trading profits received from 105 Phillip Street Parramatta, will achieve Dexus’s FY18 target of $35-40 million post tax.
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