Australian Unity Investment Real Estate (ASX:AOF) has sold its Macquarie Park asset for $68.825M, a 10% premium to an independent valuation of the property in June this year.

The entity of Australian Unity Office Fund says the condition attached to the contract has been satisfied and the contract is now unconditional.

It also says settlement is expected next February.

Australian Unity Investment Real Estate’s share price is up 8% the past month.