Australian real estate investment trust Dexus is selling three office buildings, including 5 Martin Place, for a combined total of A$383.2m (鈧�239m).
Dexus Office Partnership sold its 50% interest in 5 Martin Place in Sydney to Cbus Property for A$296.2m, in which Dexus鈥檚 25% share represents A$148.1m.
Dexus declined to disclose the buyers of two other buildings in Paramatta in Sydney鈥檚 West and South Brisbane which were sold for A$69.1m and A$17.9m respectively.
Sale proceeds will initially be utilised to repay debt. These divestments continue Dexus鈥檚 asset recycling initiatives, with further market updates expected as transactions materialise.
To read the latest 91传媒在线 magazine click here.
