DEXUS ASX release
19 January 2016
DEXUS Funds Management Limited ("DXFM"), the responsible entity of DEXUS Property Group ("DEXUS"), announces that it has received notice from the Australian Competition and Consumer Commission ("ACCC") that it does not intend to conduct a public review of the proposal by DEXUS to acquire the entire issued capital of Investa Office Fund (IOF) by way of a trust scheme ("Scheme").
This condition of the implementation of the Scheme, which was set out in the Implementation Agreement dated and released to the Australian Securities Exchange on 18 December 2015, has now been satisfied.
IOF and DEXUS are working towards the satisfaction of all remaining conditions precedent. For further information please contact:
Investor relations | Media relations | ||
David Yates | T: +61 2 9017 1424 M: +61 418 861 047 E: david.yates@dexus.com | Martin Debelle Citadel-MAGNUS | T: +61 2 8234 0102 M:+61 409 911 189 E: mdebelle@citadelmagnus.com |
DEXUS Property Group is one of Australia‟s leading real estate groups, investing directly in high quality Australian office and industrial properties. With $19.6 billion of assets under management, the Group also actively manages office, industrial and retail properties located in key Australian markets on behalf of third party capital partners. The Group manages an office portfolio of 1.7 million square metres located predominantly across Sydney, Melbourne, Brisbane and Perth and is the largest owner of office buildings in the Sydney CBD, Australia‟s largest office market. DEXUS is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange under the stock market trading code "DXS‟ and is supported by more than 32,000 investors from 21 countries. With 30 years of expertise in property investment, development and asset management, the Group has a proven track record in capital and risk management, providing service excellence to customers and delivering superior risk-adjusted returns for its investors. www.dexus.com
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DEXUS Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for DEXUS Property Group (ASX: DXS)
DEXUS Property Group issued this content on 2016-01-19 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 00:07:13 UTC
Original Document: http://www.dexus.com/upload/asxannouncements/20160119 IOF Scheme update_ACCC approval received.pdf
