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Australian Unity Office Fund Announces Strategic Wind-Up Following Asset Sales

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Australian Unity Office Fund Announces Strategic Wind-Up Following Asset Sales

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

Australian Unity Office Fund (AOF) has announced its financial results for the first half of 2025, highlighting a significant transition as over 99% of unitholders approved the disposal of its main undertaking and subsequent delisting. The fund plans to wind up after selling its remaining properties, with settlements expected in the second half of FY25. The proceeds from these sales are anticipated to result in special distributions and redemptions, providing unitholders with returns ranging from $1.11 to $1.14 per unit, impacting the fund’s financial operations and signalling a strategic exit from the market.

More about Australian Unity Office Fund

Australian Unity Investment Real Estate Limited (AUIREL) operates within the real estate industry as the responsible entity for the Australian Unity Office Fund (AOF). AUIREL is a wholly owned subsidiary of Australian Unity Limited, focusing on managing office property investments in Australia.

Average Trading Volume: 190,961

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$179.2M

See more data about AOF stock on TipRanks’ Stock Analysis page.

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