Charter Hall and Abacus enter into SIA to acquire AOF
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Charter Hall Group (“Charter Hall”) and Abacus Property Group (“Abacus”) (together “the Consortium”), are pleased to announce, that following a period of due diligence, CHAB Office Pty Ltd as trustee of CHAB Office Trust (“CHAB”) (an entity owned by the Consortium) has entered into a binding Scheme Implementation Agreement (“SIA”) to acquire all of the units in Australian Unity Office Fund (ASX: AOF) that it does not already hold for $3.04 cash per unit (“Scheme”). The Scheme has been unanimously recommended by the independent board members of Australian Unity Investment Real Estate Limited, as Responsible Entity of AOF.
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