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Dexus Property Group, Australia's largest office landlord, sweetens its bid for Investa Office Fund in an effort to secure the $2.6 billion deal amid strong demand for commercial property in Australia. Shareholders of Investa Office will receive an additional 7 Australian cents per share as a special distribution, subject to the merger's success. The acquisition would further consolidate Dexus's dominance in the listed office trust sector.
Monday, 28 March, 2016