News: DXS Dexus Property Group sells property to Charter Hall JV for $229 mln

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    May 23 (Reuters) - Dexus Property Group (DXS)

    • Sale of remaining FY17 trading property
    • Exchanged contracts to sell 105 Phillip Street, Parramatta; property has been sold for $229 million to a Charter Hall Joint Venture
    • Property has been sold for $229 million to a Charter hall joint venture at an implied cap rate of 5.3 pct
    • Remaining proceeds from sale will be received on practical completion of development in mid-2018, contributing to FY18 trading profits
    • Portion of proceeds from sale will be received in May 2017 contributing to FY17 trading profits
 
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Last
$7.29
Change
-0.020(0.27%)
Mkt cap ! $7.840B
Open High Low Value Volume
$7.32 $7.34 $7.22 $17.61M 2.421M

Buyers (Bids)

No. Vol. Price($)
1 264 $7.28
 

Sellers (Offers)

Price($) Vol. No.
$7.30 3626 4
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