Dexus extending presence in healthcare sector

Company News

by Rachael Jones

Dexus (ASX:DXS) is extending its presence in the healthcare sector after conditionally agreeing to acquire an interest in Heathley, the external manager of the Heathley Healthcare REIT, a new stapled vehicle proposed to list on the Australian Securities Exchange and in which Dexus will take a cornerstone investment.

Dexus will acquire an initial 28.5 per cent interest in Heathley for $11.3 million, with an option to acquire a further 21.5 per cent interest in the future.

Heathley and the Healthcare REIT Heathley is a specialist owner of Australian healthcare real estate assets and a leading manager of healthcare real estate in Australia and is part of the Heathley Group.

It is a new stapled vehicle proposed to list on the Australian Securities Exchange.

Shares in Dexus (ASX:DXS) closed -0.39 per cent lower to $10.28 yesterday.
 

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