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Growthpoint Ends Major Stake in Dexus Industria REIT
Company Announcements

Growthpoint Ends Major Stake in Dexus Industria REIT

Dexus Industria REIT (AU:DXI) has released an update.

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Growthpoint Properties Australia Limited has ceased to be a substantial holder in Dexus Industria REIT, following significant off-market transactions. The company sold over 47 million stapled securities to Jarden Australia Pty Ltd for a considerable sum, marking an important change in Dexus Industria REIT’s shareholder composition. This move comes after Growthpoint had last declared their substantial holding back in 2021.

For further insights into AU:DXI stock, check out TipRanks’ Stock Analysis page.

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