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New Deal


Announced

DWPF to merge with ADPF.

Synopsis

Dexus Wholesale Property Fund agreed to merge with AMP Capital Diversified Property Fund. Financial terms were not disclosed. “ADPF is a strategic fit with DWPF’s existing portfolio providing additional exposure to premium assets. The ability to merge this portfolio in a cost and capital efficient manner enables us to create a combined entity which delivers strong benefits to investors,” Michael Sheffield, DWPF Fund Manager.

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