Jul 22, 2026 – 2.14pmDexus is looking to sell the site of the former Reserve Bank of Australia on Melbourne’s Collins Street, where it planned to develop a $1 billion office building, after booking a hefty write-down against the property and describing the city’s CBD market as “structurally challenged”.The ASX-listed property investor and developer bought the former RBA building at 60 Collins Street in 2018 for $160 million and soon after added the building next door in a separate $70 million transaction.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles