Australian Unity Office Fund (AU:AOF) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Australian Unity Office Fund has entered into a binding conditional contract for the sale of its main property at 468 St Kilda Road, Melbourne, with expected net proceeds of $41.5 million. The sale, pending unitholder approval, could result in returns between $1.11 and $1.14 per unit, before a special distribution. This strategic move is backed by a unanimous recommendation from the fund’s directors.
For further insights into AU:AOF stock, check out TipRanks’ Stock Analysis page.