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Australian Unity Office Fund ( (AU:AOF) ) just unveiled an update.
Australian Unity Office Fund (AOF) has announced its unaudited preliminary final report for the financial year ending June 2025, highlighting significant steps towards delisting and winding up its operations. The fund has been actively selling its property assets, with three major sales completed and one pending, as part of its strategy to cease its real estate investment business. The proceeds from these sales have been distributed to unitholders, with a total of $120.7 million paid out during the year. However, the sale of the remaining property at 150 Charlotte Street, Brisbane, faces uncertainty due to a default by the purchaser, with a revised offer currently under consideration.
The most recent analyst rating on (AU:AOF) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Australian Unity Office Fund stock, see the AU:AOF Stock Forecast page.
More about Australian Unity Office Fund
Australian Unity Office Fund (AOF) operates within the real estate investment industry, focusing on managing and disposing of commercial properties. It is managed by Australian Unity Investment Real Estate Limited (AUIREL), which acts as the responsible entity for the fund.
Average Trading Volume: 173,938
Technical Sentiment Signal: Sell
Current Market Cap: A$69.04M
See more data about AOF stock on TipRanks’ Stock Analysis page.