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SYDNEY-In what seems to be a counter-cyclical move, one offshore player is attempting to exit the US market. In two separate deals, Dexus Property Group of Sydney has sold off most of its US industrial holdings in a deal valued at $561 million. The transaction was managed by Eastdil Secured and the buyer has been described as “an entity advised by Chicago-based Heitman.” With $13 billion of assets under management, Dexus is among the leading real estate companies in Australia.

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