Australian Unity Office Fund Portfolio Value Drop Amidst COVID-19

  • Jul 12, 2020 AEST
  • Team Kalkine

Australian Unity Office Fund (ASX:AOF) stated that all properties within its portfolio were externally valued as of 30 June 2020.

The valuations are anticipated to result in a fall in the portfolio value of nearly A$34.6 million (~21 cents per unit), or almost 4.9%, over the previous book value.

Moreover, AOF remains to actively work with its tenants who are affected adversely by COVID-19.

AOF stock closed at A$2.040, up by 2.513% on 10 July 2020.          



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