Dexus Sells Three Office Properties for AU$715 Million, Exceeding Divestment Target

MT Newswires Live

Jul 27

Dexus (ASX:DXS) exchanged contracts for the sale of three office properties for a combined gross sale price of AU$715 million, exceeding its disclosed target of about AU$2 billion of divestments by the end of fiscal year 2027, according to a Monday Australian bourse filing.

The company said two properties were sold from Sydney and one from Brisbane, in line with the combined independent valuations as at June 30 and reflecting about a 4% discount to combined book values at Dec. 31, 2025.

Settlement is expected to occur in October, subject to certain conditions precedent including Foreign Investment Review Board (FIRB) approval, with about 67% of the sale price to be received at settlement and the remaining 33% deferred for 30 months subject to a 6.25% per annum coupon, the filing added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2654983800"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2654983800\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2654983800?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-27 08:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2654983800","market":"nz","top_or_hot":-1,"title":"Dexus Sells Three Office Properties for AU$715 Million, Exceeding Divestment Target","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/DXS.AU\">Dexus</a> (ASX:DXS) exchanged contracts for the sale of three office properties for a combined gross sale price of AU$715 million, exceeding its disclosed target of about AU$2 billion of divestments by the end of fiscal year 2027, according to a Monday Australian bourse filing.</p><p>The company said two properties were sold from Sydney and one from Brisbane, in line with the combined independent valuations as at June 30 and reflecting about a 4% discount to combined book values at Dec. 31, 2025.</p><p>Settlement is expected to occur in October, subject to certain conditions precedent including Foreign Investment Review Board (FIRB) approval, with about 67% of the sale price to be received at settlement and the remaining 33% deferred for 30 months subject to a 6.25% per annum coupon, the filing added.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dexus Sells Three Office Properties for AU$715 Million, Exceeding Divestment Target</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDexus Sells Three Office Properties for AU$715 Million, Exceeding Divestment Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-27 08:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/DXS.AU\">Dexus</a> (ASX:DXS) exchanged contracts for the sale of three office properties for a combined gross sale price of AU$715 million, exceeding its disclosed target of about AU$2 billion of divestments by the end of fiscal year 2027, according to a Monday Australian bourse filing.</p><p>The company said two properties were sold from Sydney and one from Brisbane, in line with the combined independent valuations as at June 30 and reflecting about a 4% discount to combined book values at Dec. 31, 2025.</p><p>Settlement is expected to occur in October, subject to certain conditions precedent including Foreign Investment Review Board (FIRB) approval, with about 67% of the sale price to be received at settlement and the remaining 33% deferred for 30 months subject to a 6.25% per annum coupon, the filing added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7122","symbol_name":"办公房地产投资信托","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2654983800","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2654983800","pubTimestamp":1785112360,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Dexus  exchanged contracts for the sale of three office properties for a combined gross sale price of AU$715 million, exceeding its disclosed target of about AU$2 billion of divestments by the end of fiscal year 2027, according to a Monday Australian bourse filing.The company said two properties were sold from Sydney and one from Brisbane, in line with the combined independent valuations as at June 30 and reflecting about a 4% discount to combined book values at Dec. 31, 2025.Settlement is expected to occur in October, subject to certain conditions precedent including Foreign Investment Review Board  approval, with about 67% of the sale price to be received at settlement and the remaining 33% deferred for 30 months subject to a 6.25% per annum coupon, the filing added.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7122":"办公房地产投资信托","DXS.AU":"Dexus","BK7510":"REITs概念","BK7154":"办公室房地产信托"},"translate_title":"Dexus 以 7.15 亿澳元出售三处办公物业，超出撤资目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DXS.AU":1.5},"content_text":"Dexus (ASX:DXS) exchanged contracts for the sale of three office properties for a combined gross sale price of AU$715 million, exceeding its disclosed target of about AU$2 billion of divestments by the end of fiscal year 2027, according to a Monday Australian bourse filing.The company said two properties were sold from Sydney and one from Brisbane, in line with the combined independent valuations as at June 30 and reflecting about a 4% discount to combined book values at Dec. 31, 2025.Settlement is expected to occur in October, subject to certain conditions precedent including Foreign Investment Review Board (FIRB) approval, with about 67% of the sale price to be received at settlement and the remaining 33% deferred for 30 months subject to a 6.25% per annum coupon, the filing added.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}