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News and Announcements

Unity Pacific Settlement of 308 Queen/88 Creek St & Distribution Update

  • Published July 04, 2016 4:10PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

30th June 2016, ASX Announcement

Unity Pacific Limited (ASX: UPG) (Unity Pacific) announces that the sale of 308 Queen Street / 88 Creak Street, Brisbane (the Property) has settled today.

The sale of the Property has resulted in a profit of $2.1 million after transaction costs. Please refer to Unity Pacific’s announcement of 17 June 2016 for further information.

Distribution of Property Sale Proceeds

Unity Pacific has applied $12 million of the net proceeds from the Property sale to fully repay its debt facility.

To view the full announcement, please click on the button below.

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