Australian Unity Office Fund Seeks Fresh Approval to Sell Assets, Delist and Wind Up

An announcement from Australian Unity Office Fund ( (AU:AOF) ) is now available.

Australian Unity Office Fund’s responsible entity, Australian Unity Investment Real Estate Limited, has called an extraordinary general meeting on 8 May 2026 to seek refreshed unitholder approval to sell the fund’s main undertaking, delist from the ASX, and ultimately wind up the trust. The move follows an earlier approval in December 2024, with the refresh prompted by a revised sale price for its key asset and the time elapsed since the original vote.

As part of the proposal, AUIREL has entered a conditional agreement to sell 150 Charlotte Street in Brisbane to a Dexus-managed fund for $40 million, subject to Foreign Investment Review Board clearance and unitholder approval. If endorsed, AOF expects to delist within about a month of settlement, return an estimated $0.37–$0.38 per unit to investors through redemptions and possible special distributions, and complete the wind-up in the second half of 2026, with directors unanimously recommending the plan.

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 is an Australian listed real estate investment trust focused on office property assets. Managed by Australian Unity Investment Real Estate Limited, the fund invests in and manages office buildings, providing exposure to Australian commercial real estate for its unitholder base.

Average Trading Volume: 58,011

Technical Sentiment Signal: Sell

Current Market Cap: A$59.18M

Learn more about AOF stock on TipRanks’ Stock Analysis page.