Dexus Finance Provides Update on APAC Legal Developments

Dexus Finance Pty Limited has released an update concerning its legal matters involving Australia Pacific Airports Corporation Limited (APAC). On 26 October 2026, the New South Wales Supreme Court made a ruling on the claims for costs and indemnity. The court decided that Dexus Capital Investors Limited (DCIL) must pay around $30 million to several parties, including APAC and IFM Investors.

In addition, the court ordered that other Dexus Bloc shareholders pay costs on an ordinary basis, barring duplication with the indemnity payments. DCIL is also required to cover the costs of the costs and indemnity hearing.

Furthermore, Dexus has resolved a separate indemnity claim with TCorp for $7.4 million. All costs were noted in Dexus's FY26 financial reports, estimating expenses at roughly $60 million. An appeals hearing is set for late November 2026.