Latest Australian Unity Office Fund (ASX:AOF) News

Australian Unity Office Fund has called an extraordinary meeting to secure approval for selling its final property, delisting from the ASX, and winding up the fund, with directors unanimously recommending the proposal.

Australian Unity Office Fund has secured Foreign Investment Review Board approval for the $40 million sale of its Brisbane office tower, setting the stage for a pivotal unitholder meeting to approve the sale, delisting, and wind-up of the fund.

Australian Unity Investment Real Estate Limited has entered a conditional contract to sell 150 Charlotte Street, Brisbane for $40 million, seeking renewed unitholder approval ahead of the fund’s planned delisting and wind-up.

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.