Media ReleasesDEXUS

View All DEXUS News

Dexus Announces Replenishing Industrial Development Pipeline in Core Locations

Dexus today announced that it had exchanged contracts to acquire three industrial sites in Melbourne, Sydney and Brisbane with a combined end value of circa $700 million, replenishing the group’s industrial development pipeline in core locations.

The sites include:

• 11-167 Palm Springs Road, Ravenhall, Victoria (50% Dexus;50% Dexus Wholesale Property Fund (DWPF)

• 54 Ferndell Street, South Granville, NSW (100% Dexus)

• 425-479 Freeman Road, Richlands, QLD (100% Dexus)

Ross Du Vernet, Dexus Chief Investment Officer said: “These sites replenish our industrial pipeline in core locations, supporting initiatives and objectives we are progressing in our funds management business.

For further information please download PDF attached:
Download this document