Dec 7 (Reuters) - DEXUS Property Group DXS.AX :
* Dexus and IOF agree process and terms for merger DXS.AX
* Says assets under management would increase to approximately $23.4 billion
* Says transaction is expected to preserve dexus's a- credit rating and maintain its balance sheet strength
* Revenue and cost synergies are expected to be realised in medium term with aincreased customer base and larger number of assets
* Transaction is expected to be, for IOF unitholders, accretive to FFO in FY 2016
* Says implied enterprise value of IOF is $3.52 billion
* Transaction expected to be, for Dexus security holders,accretive to underlying FFO and marginally dilutive to total FFO in FY 2016
* Source text for Eikon ID:nASXZ6J4s
*