Dexus takes razor to portfolio

Posted by admin on July 3rd, 2009 filed in Other News

ONE of Australia’s biggest office tower landlords, Dexus Property Group, has wiped almost $900 million off the value of its $8.9 billion Australian, European and and US property holdings — with listed property trusts expected to announce yet another round of heavy writedowns going into the company results season.

Read More via: - The Australian | Business | Commercial Property (Primespace)