By Reuters Staff
1 Min Read
March 16 (Reuters) - Australian real estate developer Dexus said on Tuesday it had struck a deal to merge one of its funds with a A$5 billion ($3.88 billion) diversified real estate investment fund run by AMP Capital.
The company said unit holders of its A$10.1 billion Dexus Wholesale Property Fund and the AMP Capital Diversified Property Fund were expected to vote on the merger in late April. ($1 = 1.2900 Australian dollars) (Reporting by Shashwat Awasthi in Bengaluru; Editing by Leslie Adler)