Dexus to acquire Collimate’s real estate & equity business for $450mn

SYDNEY, AUSTRALIA: Dexus, Australia’s leading fully integrated real estate groups, has entered into a Share Sale and Purchase Agreement (SPA) with Collimate Capital Limited to acquire Collimate’s real estate and domestic infrastructure equity business. Collimate Capital Limited is a subsidiary of AMP Limited. The consideration comprises a $250 million upfront cash payment and earn out…

Dexus and HWPF acquire the Australian Bragg Centre in a $446.2 million deal

PERTH: Dexus and the Healthcare Wholesale Property Fund (HWPF) have exchanged contracts to acquire (in 50/50 co-ownership) the Australian Bragg Centre in Adelaide from Commercial & General, a news release said. The asset was acquired for a development completion price of $446.2million, making the transaction one of the largest single-asset private healthcare acquisitions in Australia.…