Dexus secures appeal hearing date for Oct. 20

• Dexus has been allocated a three-day court hearing commencing Oct. 20 for its ongoing infrastructure appeals.
• The company's stock fell slightly to $5.62 following the announcement of the multi-party legal cross-appeals.
• Dexus is managing litigation regarding its AMP Capital infrastructure acquisition to protect investor interests.

Dexus (ASX:DXS) has secured a three-day appeal hearing beginning Oct. 20 regarding its ongoing APAC infrastructure dispute.

The scheduling follows five separate market updates issued by the group throughout May and June of this year.

APAC, Future Fund, IFM, and TCorp filed cross-appeals and contentions disputing the validity of the initial default notice.

The company stated it will provide further updates on the APAC matter in accordance with continuous disclosure obligations.

Following the announcement, the Dexus share price was down at $5.62.

Dexus recently launched a strategic review of its seven billion dollar infrastructure platform, acquired from AMP Capital.

The review addresses emerging operational issues across multiple managed funds and specialised infrastructure vehicles.