Sponsor broker Credit Suisse has valued Australian Unity Office Fund at $277 million to $292 million, according to pre-marketing research reports distributed to fund managers on Thursday morning and obtained by Street Talk. 
In a report titled "Strength in Unity", Credit Suisse's team headed by Ian Randall told clients that the fund was worth 1.01-times to 1.06-times net tangible assets and a forecast annualised distribution yield of 7.1 per cent to 7.5 per cent.
Australian Unity Office Fund owns a portfolio of eight office/business park properties in Sydney, Adelaide, Melbourne, Brisbane and Canberra. The portfolio is valued at $391.1 million and has a 96.5 per cent occupancy rate, according to Credit Suisse.
Elsewhere, and as exclusively revealed by Street Talk, Macquarie Capital was seeking buyers for 7.5 million oOh!media shares on Thursday afternoon.
The broker was seeking buyers at $5.15 a share, and the stake was being sold on behalf of CHAMP Private Equity.
The block trade will reduce CHAMP's stake to 4.9 per cent from 9.9 per cent.