SYDNEY: Australian real estate developer Dexus said yesterday it had struck a deal to merge an unlisted property fund with a diversified real estate investment fund run by AMP Capital.
The company said unitholders of its A$10.1bil (US$7.82bil or RM32bil) Dexus Wholesale Property Fund (DWPF) and the A$5bil AMP Capital Diversified Property Fund (ADPF) were expected to vote on the merger in late April.
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