Australian Unity Office

Australian Unity Office fund announced the funds half year 2023 financial results which continues to reflect the out workings of their stated strategy to return capital to investors.

The Australian Unity Office Fund has exchanged contracts to sell 5 Eden Park Drive, Macquarie Park for $80.75 million.

Australian Unity has exchanged contracts to sell 2 Eden Park Drive, Macquarie Park for $68.825 million on behalf of AOF.

Hume Partners appear to have stood firm against a lower price for their stake in Australian Unity's Office Fund, forcing Aliro to end its current proposal.

The Board of the Australian Unity Office Fund has given Aliro Group a further two weeks to complete its exclusive due diligence of the Fund and proceed with their takeover offer.

Australian Unity Office Fund has confirmed that it received a non-binding, indicative proposal from Aliro Group, backed by AOF's largest unitholder, to acquire all the issued units in AOF for c$372m ($2.45 per unit).

Australian Unity Office Fund will continue to assess options to maximise unit holder value despite suffering a valuation fall at its key Parramatta asset.

The Australian Unity Office Fund has been unable to generate acceptable outcomes for its investors and is now considering the sale of all its assets.

The Australian Unity Office Fund released their half year 2022 financial results this week revealing a 3.2% increase in earnings following a period of higher rents and increased occupancy.

The Australian Unity Office Fund has terminated the merger with sister fund due to feedback from Investors.

The Australian Unity Office Fund will feel the impact of the relocation by Telstra from its 30 Pirie Street, Adelaide asset.

Australian Unity Office Fund has announced the sale of 32 Phillip Street Parramatta for $66.0m. 32 Phillip Street, Parramatta, NSW is a B-grade office property located within the northern portion of the Parramatta commercial precinct and is in close proximity to the Church Street retail strip. The property comprises eight levels of …

The responsible entity (RE) for AOF believes that a merger with the Australian Unity Diversified Property Fund will be in investors best interest providing exposure to a larger, more diversified portfolio, with an enhanced ability to execute upon value-add opportunities.

Australian Unity Office Fund results their results for FY21 with earnings growth of 2.7% and reaffirms a commitment to potential merger with the Australian Unity Diversified Property Fund.

Australian Unity Office Fund is pleased to announce the acquisition of a brand new, A-Grade office building at 96 York Street, Beenleigh, Queensland for $33.52 million (excluding acquisition costs), representing a capitalisation rate of 5.75%.