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Dexus sale of 201 Elizabeth Street, Sydney contributes to FY20 and FY21 trading profits

Dexus (ASX:DXS) today announced that it has reached agreement to sell 201 Elizabeth Street, Sydney, in which it owns a 50% interest, contributing to future trading profits.

Dexus has exchanged contracts to sell a 25% interest in 201 Elizabeth Street, Sydney for $157.5 million and entered into a put and call option to sell its remaining 25% interest in late 2020 for a further $157.5 million.

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