Dexus Finance Pty Limited, XS1961891220

Dexus Finance Pty Limited, XS1961891220

10.11.2022 - 05:05:51

EQS-Adhoc: Dexus Finance Pty Limited: Sale of St Leonards trading property to contribute to FY23 trading profits

Dexus (ASX: DXS)

ASX release

10 November 2022

?Sale of St Leonards trading property to contribute to FY23 trading profits

?Dexus announces that it has successfully exchanged contracts to sell a trading property located at 12 Frederick Street, St Leonards, with profits to be recognised upon settlement which is expected to be in December 2022.

The gross sale proceeds of $118.5 million are expected to contribute approximately $50 million pre-tax trading profits in FY23.

The sale is subject to FIRB approval and practical completion of the refurbishment of the property.

Authorised by Scott Mahony, Company Secretary of Dexus Funds Management Limited

For further information please contact:

Investors Rowena Causley Head of Listed Investor Relations +61 2 9017 1390 +61 416 122 383 Media Louise Murray Senior Manager, Corporate Affairs & Communications +61 2 9017 1446 +61 403 260 754 ?


Information and Explanation of the Issuer to this announcement:

About Dexus

Dexus (ASX: DXS) is one of Australia?s leading fully integrated real estate groups, managing a high-quality Australian property portfolio valued at $44.3 billion. We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $18.4 billion of office, industrial and healthcare properties, and investments. We manage a further $25.9 billion of office, retail, industrial and healthcare properties for third party clients. The group?s $17.7 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. Sustainability is integrated across our business, and our sustainability approach is the lens we use to manage emerging ESG risks and opportunities for all our stakeholders. Dexus is listed on the Australian Securities Exchange and is supported by more than 29,000 investors from 24 countries. With over 35?years of expertise in property investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering superior risk-adjusted returns for investors.

Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS) Level 25, 264 George Street, Sydney NSW 2000


10-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at

Language: English Company: Dexus Finance Pty Limited 264 George Street 2193 Sydney

Australia Phone: +61 2 9017 1100 Fax: +61 2 9017 1101 E-mail: Internet: ISIN: XS1961891220 WKN: A2RZHG Listed: Regulated Unofficial Market in Frankfurt EQS News ID: 1483751 ? End of Announcement EQS News Service