Dexus, the ASX-listed fund manager, faces forced sale of its stakes in Melbourne and Launceston Airports after losing a Supreme Court of New South Wales ruling. The court found Dexus liable for disclosing confidential information to co-owners IFM, Future Fund, TCorp, and UTA, dealing a blow to the company's asset portfolio.

The ruling represents a significant setback for Dexus, which is evaluating potential grounds for appeal. The forced divestment of its airport assets could substantially impact Dexus's portfolio value and market position, as these stakes represent key holdings in the company's real estate portfolio and likely substantial investment value.

Investors are now assessing the potential financial impact of this forced sale. With Melbourne Airport being one of Australia's busiest aviation hubs, the divestment terms and valuation will be closely watched. Dexus has not specified a timeframe for the sale process or potential appeal, leaving market uncertainty about the final financial impact.