Dexus
DXS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| N.B | LOCK|TJ | LOCK|F>$&F^w |
Dexus and Scentre Group: A Win-Win Deal
Dexus acquired a 25% stake in Westfield Chermside in Brisbane from Scentre Group for AUD 683 million, marking the launch of a new fund. This is the second transaction on Westfield Chermside between the two parties—a Dexus retail fund acquired a 25% interest in the shopping mall earlier this year.
