Dexus confirm interest in Melbourne precinct

Company News

by Rachael Jones

Real estate group Dexus (ASX:DXS) released a statement to the ASX this morning in relation to media reports surrounding 80 Collins Street in Melbourne.

Dexus confirms they are in the early stages of exclusive due diligence to acquire that address.

They say they regularly undertake due diligence on a range of opportunities and will update if this acquisition proceeds.

Yesterday a number of media outlets reported the company was pulling off one of the biggest commercial real estate deals of recent times with a $1.4 billion deal to grab the development precinct.

Shares in Dexus (ASX:DXS) are trading 0.7 per cent lower at $12.68.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.