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DEXUS Property Group (ASX:DXS) says it has exchanged contracts to acquire 40 Market Street in Melbourne’s CBD for about $46.7 million.
DEXUS says the acquisition is in line with its investment criteria by providing a cost effective way of accessing a high quality property where acquisition and repositioning costs remain below the cost of replacement.
The purchase will be funded from existing debt facilities and will be immediately earnings per share accretive.
In the 2012 financial year, DEXUS Property Group generated a net profit of $182.9 million.
News: DEXUS acquires Melbourne CBD building
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Last
$7.19 |
Change
0.200(2.86%) |
Mkt cap ! $8.206B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.21 | $7.00 | $71.34M | 9.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 58966 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.19 | 48189 | 4 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| DXS (ASX) Chart |
