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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Dexus | ASX:DXS | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.095 | -1.33% | 7.025 | 7.02 | 7.05 | 7.10 | 7.02 | 7.07 | 1,998,850 | 07:40:20 |
From May 2021 to May 2024
By Stuart Condie
SYDNEY--Australian real-estate group Dexus said Blackstone Inc. has agreed to acquire Singapore sovereign wealth fund GIC's 49% stake in a joint-venture Australian logistics trust.
Dexus said its joint-venture partner GIC had entered into a binding agreement to sell its stake following an unsolicited proposal by Blackstone.
Dexus, which owns 51% of the trust, did not give financial details. The Dexus Australian Logistics Trust's assets include properties in Sydney and Melbourne.
Write to Stuart Condie at stuart.condie@wsj.com
(END) Dow Jones Newswires
December 09, 2021 23:28 ET (04:28 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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