Dexus Finance Pty Limited announced the completion of its acquisition of Collimate Capital, marking a significant expansion of its already substantial portfolio. The finalization process included the transfer of AMP’s share in CLAMP, cementing the deal that had met its last condition a month ago on October 30, 2023.
Brett Cameron, General Counsel at Dexus Funds Management Limited, authorized the announcement, confirming the transaction's completion. With this acquisition, Dexus now manages a portfolio valued at $61 billion, including direct and indirect ownership of $17.4 billion in assets across various sectors. The company's funds management sector oversees an additional $43.6 billion in investments.
Dexus's growth is further supported by a real estate development development pipeline, also valued at $17.4 billion. This pipeline is expected to bolster growth and returns for the company.
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