Australian Unity Office Fund Announces Property Sales and Special Distributions

Australian Unity Office Fund ( (AU:AOF) ) has provided an update.

Australian Unity Office Fund has completed the sale of its Valentine Avenue property in Parramatta for $80.5 million, resulting in a special distribution of 40 cents per unit to be paid in May 2025. Additionally, the sale of the Charlotte Street property in Brisbane has been deferred to August 2025, with an increased sale price of $63.5 million, leading to a forecast special distribution of up to 48 cents per unit in September 2025. These transactions are part of the company’s strategic plan to delist and wind up, with a final distribution expected post-settlement.

More about Australian Unity Office Fund

Australian Unity Investment Real Estate Limited (AUIREL) operates as the responsible entity for the Australian Unity Office Fund (AOF), focusing on real estate investments. The company is involved in managing office properties and is part of the broader Australian Unity Limited group.

YTD Price Performance: 2.33%

Average Trading Volume: 100,745

Technical Sentiment Signal: Sell

Current Market Cap: A$144.7M

For an in-depth examination of AOF stock, go to TipRanks’ Stock Analysis page.