Australia-listed real estate group Dexus has announced raising an aggregate of A$420 million ($300 million) for its two property funds — Dexus Real Estate Partnership 1 (DREP1) and Dexus Healthcare Property Fund (DHPF).
DREP1 is a close-ended fund seeded by Dexus with three assets: a Melbourne office development, an industrial project in Sydney, and a construction loan.