Dexus, the $7.8 billion commercial property group, could be forced to sell its prized stake in Melbourne Airport after the ASX-listed company was served a notice by the airport group’s board alleging it had breached confidentiality arrangements.
Dexus has held a 27.3 per cent stake in Australia’s second-busiest airport since 2023, when it picked up the stake after buying AMP’s Collimate Capital local infrastructure equity business to diversify away from commercial property.
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