tiprankstipranks

Australian Unity Office Fund to Sell Assets and Delist

Australian Unity Office Fund to Sell Assets and Delist

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

Confident Investing Starts Here:

Australian Unity Office Fund is planning to sell its main property holdings, including a key asset at 468 St Kilda Road, Melbourne, as part of a proposal to eventually delist and wind up the fund. The move aims to return proceeds from these sales to unitholders, offering an expected return of $1.20 to $1.23 per unit. Unitholders are set to vote on this proposal in an upcoming extraordinary meeting.

For further insights into AU:AOF stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1