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.