King & Wood Mallesons has acted on DEXUS Property Group’s (DEXUS) A$400 million institutional placement. The institutional placement is fully underwritten by Deutsche Bank AG, Sydney Branch and Goldman Sachs Australia Pty Ltd.

Following completion of the institutional placement, DEXUS will undertake a non-underwritten security purchase plan for eligible Securityholders in Australia and New Zealand.

The King & Wood Mallesons team was led by M&A partner Susan Hilliard, who was supported by senior associates Daniel Natale, Amanda Isouard and Mark Vanderneut and solicitors Anna Chen and Robert Garritano.

Susan Hilliard said, “We are pleased to be continuing our work with DEXUS on their capital market transactions.”

King & Wood Mallesons also advised DEXUS on its 2008/9 equity capital raisings, its recent international and domestic debt capital raisings, as well as the acquisition of Commonwealth Property Office Fund , with its capital partner, last year.