Dexus acquires CPA stake

Property Group snaps up 15% stake in rival by forward contract.

Dexus Property Group Ltd has acquired a stake in Commonwealth Property Office Fund (CPA), by way of forward contract.

In a statement to the Australian Securities Exchange, Dexus said it would acquire a 14.9% stake in CPA, through the purchase of securities at a price of $1.1334 each.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

Related Articles