Australian Unity Office Fund (ASX:AOF) agreed to acquire Greengate Partnership Pty Ltd for AUD 87.1 million on May 19, 2021. The consideration is net of cash acquired. The transaction is subject to third party approval and will be primarily financed from existing internal funds, including the proceeds from the inaugural issue of AUD 120 million of Australian Unity Mutual Capital Instruments (MCI) in December 2020.

Mark Malinas and Jon van der Wal of Allens acted as legal advisor to Australian Unity.