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Aust Unity snaps up $105m office asset

People & Companies / Latest News

Australia

Oct 10 2017

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Carolyn Cummins, The Sydney Morning Herald

Australian Unity Office Fund has increased its portfolio with an unconditional agreement to acquire 150 Charlotte Street, Brisbane, for $105.75 million, partly funded through a $50 million equity issue.

The property was part of the Singaporean fund manager TrustCapital Advisors' $700 million sale of its five-asset portfolio. AOF, which was established in 2005 and listed on the ASX in 2016, owns nine office assets in NSW, Victoria, Australian Capital Territory, South Australia and Queensland. 

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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