Dexus chief executive Darren Steinberg says the property group’s real estate experience can “supercharge” the returns that its funds get from infrastructure investments by developing industrial sites on new assets such as Melbourne Airport.
ASX-listed Dexus completed its $225 million acquisition of AMP’s Collimate Capital real estate and local infrastructure equity business last month, boosting the income it earns from managing funds on behalf of third parties.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com