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Australian Unity Office Fund Completes Property Sale and Announces Special Distribution

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Australian Unity Office Fund Completes Property Sale and Announces Special Distribution

Australian Unity Office Fund ( (AU:AOF) ) has shared an announcement.

Australian Unity Office Fund has successfully settled the sale of its property at 468 St Kilda Road, Melbourne, for a net price of $41.5 million. Following this transaction, the company has announced a special distribution of 24.0 cents per unit, with payments expected to commence on 21 March 2025, reflecting the company’s strategic asset management and potential positive impact on investor returns.

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), which focuses on real estate investments, particularly office properties in Australia.

YTD Price Performance: 0.92%

Average Trading Volume: 158,521

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$180.8M

See more insights into AOF stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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