Dexus, an Australian property owner, developer, and manager, agreed to acquire APN Property Group, a Melbourne-based specialist real estate investment manager, for $237m. "We are very proud of the APN platform and the value it has created not only for APN securityholders but for the investors in our property funds. We look forward to seeing the continued growth of the APN funds and delivery of returns to our investors as part of the Dexus real estate funds management platform," Chris Aylward, APN Chairman.