Latest Australian Unity Office Fund (Asx:Aof) News

Australian Unity Investment Real Estate Limited has terminated the sale contract for 150 Charlotte Street in Brisbane after the purchaser failed to complete settlement, retaining a $4.8375 million deposit and planning to re-market the property.

Australian Unity Office Fund has declined a revised $54.5 million offer for its Brisbane property at 150 Charlotte Street after the purchaser defaulted on the original contract. The fund now awaits the purchaser's next move before the September 8 deadline.

Australian Unity Office Fund reports a $35.6 million loss for FY25 as it advances asset disposals ahead of planned delisting, with the final property sale facing settlement uncertainty.

Australian Unity Office Fund’s planned $63.5 million sale of 150 Charlotte Street, Brisbane, has hit a snag with the purchaser defaulting on settlement, prompting a sharp valuation downgrade and withdrawal of distribution guidance.

Australian Unity Investment Real Estate Limited updates on the sale of 150 Charlotte Street, Brisbane, revealing deferred settlement and a proposed alternate payment structure that clouds timing and cash flow certainty.