Australian Unity Office Fund to Sell Assets and Delist

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

Don't Miss our Black Friday Offers:

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.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.