Dexus Strengthens Retail Portfolio with Strategic Investments

Dexus Finance Pty Limited has announced a strategic investment in the Dexus Wholesale Shopping Centre Fund (DWSF). The fund secured a 25% interest in Westfield Chermside, Brisbane, for $683 million. This acquisition is part of DWSF's strategy to own leading retail assets with growth potential.

Alongside this purchase, Dexus will invest an additional $170 million, raising its total contribution to $300 million. These investments align with Dexus's commitment to co-invest with funds to enhance investor appeal.

Moreover, Dexus is advancing its divestment program. It sold two properties, with Dexus’s share amounting to $92.8 million. These sales are projected to yield significant pre-tax profits for Dexus in FY26.