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Dexus Announces Sale of 11 Talavera Road, Macquarie Park

Dexus today announced that it has conditionally exchanged contracts to sell its 100% interest in 11 Talavera Road, Macquarie Park.

Net proceeds achieved from the sale of the property are $231.2 million, reflecting a slight premium to the property’s book value at 31 December 2018.

Chief Investment Officer, Ross Du Vernet said: “We have added significant value over the past 3.5 years at 11 Talavera Road, leasing 26,726 square metres to take occupancy to 95.0%."

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