DEXUS Property Group
(ASX:DXS) has announced that debt consents have been obtained on behalf of DEXUS Funds Managament via Investa Listed Funds Management as responsible entity of Investa Office Fund.
These consents were obtained in relation to the proposal for DEXUS to acquire 100 percent of the units in IOF and the post implementation steps.
The company said they enable all aspects of implementation of the DEXUS proposal to be undertaken without causing a review event or default to be triggered under the IOF debt facilities.
Investa Listed Funds Mnagement has already obtained consents and waivers from other IOF debt facility providers.
DEXUS recorded a net profit of $797.5 million at 31 December 2015.
