Dexus

Real estate returns are rebounding across all sectors, with the office sector entering a recovery cycle, led by the Sydney CBD, according to a new report from Dexus. 

Dexus has purchased a 10,000 square metre warehouse in Sydney’s West for $40 million and announced plans to divest office assets in Brisbane.

Real estate fund manager Dexus has sued wealth management firm AMP following a decision forcing it to sell its half of the $1.7 billion Macquarie Shopping Centre.

A judge has refused to stay a lease dispute between landlord Dexus and South Australia's premium medical research centre in favour of a contractual dispute resolution mechanism, saying it would be “unjust” to deprive Dexus of a court hearing.

Real estate landlord Dexus is suing South Australia's medical research insitute for failing to execute on 30-year leases to occupy Adelaide's Australian Bragg Centre, despite "repeated demands".