EGM Proposal to refresh AOF unitholder approvals

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Stock Australian Unity Office Fund (AOF.ASX)
Release Time 13 Apr 2026, 9:39 a.m.
Price Sensitive Yes
 Proposal to refresh AOF unitholder approvals
Key Points
  • Disposal of AOF's main undertaking, being the sale of 150 Charlotte Street, Brisbane
  • Delisting of AOF from the ASX
  • Return of proceeds to unitholders, primarily through a compulsory redemption of units
  • Winding up of AOF following the delisting and return of proceeds
Full Summary

On 13 April 2026, Australian Unity Investment Real Estate Limited (AUIREL), as responsible entity of Australian Unity Office Fund (AOF), announced a proposal to dispose of AOF's main undertaking, delist from the ASX, return proceeds to unitholders, and wind up the fund. The proposal includes the sale of AOF's last investment property, 150 Charlotte Street in Brisbane, for $40.0 million, the delisting of AOF from the ASX, and the return of aggregate proceeds of between $0.37 to $0.38 per unit to unitholders, primarily through a compulsory redemption of units. Following the delisting and return of proceeds, AUIREL will take steps to formally terminate and wind up AOF, which is expected to be completed in the second half of 2026. The proposal requires unitholder approval, and the directors of AUIREL unanimously recommend that unitholders vote in favour of the proposal, in the absence of a superior proposal.