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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