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Showing 1 - 10 of 17 results for "Dexus Funds Management"

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
... Shine Lawyers having filed another class action in relation to excessive insurance fees in early July. Dexus Funds Management is also suing AMP in a case arising from the sale of Macquarie Shopping Centre. For FY25 guidance, Vernon added that it remains ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against AMP and Collimate Capital in relation to the forced sale of its interest in the Macquarie Centre ...

North inflows jump 60%

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... superannuation funds for life insurance during the period 2019 to 2024. The second lawsuit relates to a dispute with Dexus Funds Management and Macquarie Retail for the disposal of Macquarie Shopping Centre.

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... strong population growth." The turnaround in performance follows a tough year for Dexus. In August 2024, Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. In addition ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... Dexus said the decision was carefully considered and made in consultation with the investment manager, Dexus Funds Management. The fund's objective was to generate income and capital growth on a rolling three-year basis through investments in Australasian ...

Qualitas shines in FY24, Charter Hall contracts

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... new equity capital have all proven difficult," he said. The office sector rout wiped $1.8 billion off the Dexus Funds Management portfolio, ultimately trickling down to the bottom line of a $1.6 billion statutory net loss for FY24. Lendlease told a similar ...

Dexus property valuation rout deepens by $2bn

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. The devaluations led to a whopping $1.6 billion statutory net loss after tax for the 2024 financial year, following ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... necessary to complete the sale of AMP Capital's real estate and domestic infrastructure business to Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... units in recent times including the AMP Capital real estate and domestic infrastructure equity business to Dexus Funds Management, AMP Capital's Global Equities and Fixed Income business to Macquarie, and SuperConcepts to Pemba Capital Partners. "The ...
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