May 29, 2026 – 10.19amDexus, one of the country’s largest real estate investment firms, will be forced to sell its prized stake in Melbourne Airport after failing to convince a court to halt a transaction forced by major superannuation funds.Shareholders in Australia Pacific Airports Corporation, which owns the Melbourne and Launceston airports, led by IFM Investors, had alleged Dexus breached a three-decade-old agreement and should be forced to sell its 27.3 per cent in the prized infrastructure asset.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles