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AAP
AAP
National

NSW:Major stake in Melbourne Airport up in the air

Dexus APAC Melbourne Melbourne Airport

A leading property investment firm will be forced to sell a major stake in Melbourne Airport after it leaked confidential business information to buyers.

Dexus suffered the setback on Friday after the NSW Supreme Court dismissed its attempt to retain at least part of its 27 per cent stake in Australia Pacific Airports Corporation (APAC), which owns Melbourne and Launceston Airports.

In 2024, the firm tried to find buyers for some of its shares in the corporation through an initiative titled Project Mercury.

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