Dexus (ASX: DXS) achieved Final Completion of the acquisition of Collimate Capital’s real estate and domestic infrastructure equity business on 30 November 2023.
Dexus is a leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $61.0 billion (pro forma post final completion of the AMP Capital acquisition).
Dexus directly and indirectly owns $17.4 billion of office, industrial, healthcare, retail and infrastructure assets and investments, and manage a further $43.6 billion of investments in our funds management business (pro forma post final completion of the AMP Capital acquisition) which provides third party capital with exposure to quality sector specific and diversified real asset products.
The funds within this business have a strong track record of delivering performance. The group’s $17.4 billion real estate development pipeline provides the opportunity to grow both portfolios and enhance future returns.
The NZ Super Fund invests money, on behalf of the New Zealand Government, to help pay for the increased cost of universal pension entitlements in the future. By doing this the Fund adds to Crown wealth, improves the ability of future Governments to pay for universal pensions, and ultimately reduces the tax burden on future New Zealanders.
As a long-term, growth-oriented investor, the Fund has more than NZ$70 billion in assets.
The Fund is managed by an Autonomous Crown Entity, the Guardians of New Zealand Superannuation.
Forsyth Barr is a NZX firm providing a full range of investment and wealth management services including portfolio management, investment advice, sharebroking, research, investment banking, cash management, KiwiSaver and investment funds. Founded in 1936, Forsyth Barr has offices across New Zealand, visit forsythbarr.co.nz/about for more information.