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Acquisition of 19.9% strategic interest in AOF and entry into Framework Agreement
Abacus Property Group (“Abacus”) and Charter Hall Group (“Charter Hall”) (together “the Consortium”), today announce that they have:
AOF owns a portfolio of 9 office properties located in 5 Australian capital cities that is consistent with Abacus’ and Charter Hall’s investment objectives. Both Abacus and Charter Hall are very familiar with AOF’s property portfolio, and the sub-markets that these properties are located in.
The attached substantial holder notice has been lodged on behalf of the Consortium in relation to the acquisition of its interest in AOF.
The Consortium will seek to initiate discussions with AOF’s Responsible Entity regarding a potential transaction.
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