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BRIEF-Dexus Finance Says External Independent Valuations Resulted In Circa 4% Increase On Prior Book Values To 31 Dec

Published 13/12/2019, 04:21 pm

Dec 13 (Reuters) - Dexus Finance Pty Limited:

* DEXUS FINANCE - EXTERNAL INDEPENDENT VALUATIONS HAVE RESULTED IN ESTIMATED $656 MILLION OR CIRCA 4% INCREASE ON PRIOR BOOK VALUES FOR SIX MONTHS TO 31 DEC

* DEXUS FINANCE - 109 OF ITS 118 ASSETS, COMPRISING 43 OFFICE PROPERTIES AND 66 INDUSTRIAL PROPERTIES WERE EXTERNALLY VALUED TO 31 DECEMBER 2019

* DEXUS FINANCE - AS A RESULT OF THESE VALUATIONS DEXUS'S NET TANGIBLE ASSET BACKING (NTA) PER SECURITY IS EXPECTED TO INCREASE BY 60 CENTS

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