Dexus today announced the establishment of a new Joint Venture (“JV”) with GIC that has exchangedcontracts to acquire a 50% interest in Rialto Towers, 525 Collins Street, Melbourne, for $644 million1.GIC will hold a 90% share in the JV and Dexus will hold the remaining 10%. Dexus is the investment manager ofthe JV and has been appointed as the manager of the entire Rialto Towers complex.
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