Starwood Capital, US investment firm, agreed to acquire Australian Unity Office Fund, which operates as a real estate investment trust, for $485m. "Starwood's offer to acquire AOF for $2.98 per unit provides unitholders with an opportunity to obtain liquidity at a certain price. The Offer Price also represents a premium to the current trading levels and NTA. We look forward to engaging with all stakeholders regarding the Offer as we work to successfully complete the transaction," Jeffrey Dishner, Starwood Capital Senior Managing Director and Global Head of Real Estate Acquisitions.