Dexus Property Group has sold the majority of its U.S. industrial portfolio for $561 million as part of its strategy to exit the U.S. market by April. The Sydney-based company is reallocating proceeds from offshore property sales to core Australian properties, CEO Darren Steinberg said. The sale of 26 of Dexus's 27 American properties was achieved at a significant premium to their book value. The portfolio generated significant interest from...
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417?ref=/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417&src=rss
via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417?ref=/News/Article/Dexus-Sells-Most-Of-Its-US-Industrial-Portfolio/144417&src=rss
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