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Access here alternative investment news about Dexus Entities Acquire Industrial Site For Aud480m Melbourne Project | News | Ipe Ra
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Dexus Entities Acquire Industrial Site For Aud480m Melbourne Project | News | Ipe Ra

by realassets.ipe.com posted 1year ago 38 views
Listed REIT Dexus and Dexus Wholesale Property Fund each acquire 50%: The open-ended Dexus Wholesale Property Fund (DWPF) and listed real estate investment trust Dexus have acquired an industrial site in Australia for a AUD480m (€306m) development project. Dexus and DWPF, which manages AUD9bn of assets, will each acquire a 50% interest in the 127-hectare site in Ravenhall, Victoria. The site is located in the core West Melbourne industrial precinct and is set to benefit from its proximity to the proposed Western Intermodal Freight Terminal.

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