Dexus increases stake in Westfield Chermside to 50pc for $683m

Five months after snapping up a 25 per cent stake in Brisbane’s Westfield Chermside, property group Dexus (ASX: DXS) has doubled down, lifting its stake to 50 per cent with a further $683 million investment.

The deal seeds the first fund in the newly launched Dexus Strategic Investment Trust…


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