GPT sells interest in 1 Farrer Place for $584.6 million

The GPT Group has sold its 25% interest in 1 Farer Place, Sydney to the Lendlease managed Australian Prime Property Fund Commercial. Farrer Place is one of the Sydney’s premium towers, with 84,000 sqm in the 64-level Governor Phillip Tower and the 64-level Governor Macquarie Tower. Under the terms of …

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Dexus, Lend Lease and Goodman recognised as global sustainability leaders

Sustainability benchmark GRESB has recognised Dexus, Lend Lease and Goodman as a global leaders in real estate sustainability. Participation in the 2020 Assessment grew by 22% to cover 1,229 portfolios (2019: 1,005) globally worth more than USD $4.8 trillion AUM. Data on key environmental performance indicators was reported at asset-level …

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Dexus Sells 50% Interest in Grosvenor Place

Dexus announces that it has conditionally exchanged contracts to sell a 50% interest in Grosvenor Place, Sydney. The 50% interest comprises 25% owned by Dexus and 25% owned by the Dexus Office Partnership, in which Dexus holds a 50% interest.

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