Shares in industrial and office properties group Dexus are in a trading halt until Monday as it moves to buy Commonwealth Property Office Fund (CPA) with a Canadian pension fund.

CPA shares will be in a trading halt until Tuesday. Last month, Dexus and the Canada Pension Plan Investment Board announced they were interested in buying Commonwealth for $2.3 billion. Under that indicative, non-binding proposal, the two groups would acquire $3.7 billion worth of Commonwealth’s Australian prime office space. Commonwealth…