Dexus has taken a major step towards winding up its $2.1 billion Diversified Infrastructure Trust , home to stakes in assets like Reliance Rail and the University of Melbourne student accommodation.
A confidential letter, sent by the trust’s portfolio manager Dania Zinurova shortly after midday on Wednesday, sought investor approvals to amend the trust deeds to give Dexus the power to dissolve the fund before its 80-year term.
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