Everything’s bigger in Dexus, as fund manager sets sights on NZ
The Australian real estate and infrastructure player has already established a $1 billion foothold in New Zealand.
The $290m Heke Rua Archives building in Wellington was completed in July.
ASX-listed property giant Dexus says its New Zealand real estate and infrastructure portfolio is now worth $1 billion, and it has lined up a healthy pipeline of more investments.
While that's less than 2% of the company's A$50b ($57b) trans-Tasman portfolio, Australia's largest owner and manager of
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