What Next for Dexus (ASX:DXS) as Healthcare Fund Investors Head for the Exit?
Highlights Dexus is considering asset sales, a restructure or winding down its healthcare property fund. The large majority of the fund's investors are reported to be seeking an exit. The fund has sold Sydney's Arcadia Pittwater Private Hospital to RAM. Dexus (ASX:DXS), one of Australia's largest real estate investment managers, is reviewing the future of its healthcare property fund after most investors sought to leave. The situation highlights pressure on unlisted property funds and puts De...