Small Cap Stocks Down Under 6 August 2021: Australian Unity Office Fund, Generation Development Group, Beyond International

Australian Unity Office Fund: Suffering from poor timing

In today’s edition of Small Cap Stocks Down Under, Headquartered in Melbourne, the Australian Unity Office Fund is an office REIT focused on the Central Business Districts (CBDs) of Australia’s capital cities. Unfortunately, CBD office space has been the main exception to Australia’s current post-COVID-19 property recovery and shareholders are still well below Unity’s pre-Corona crash share price of $3 per share. However, with a 6% indicative annual dividend we think this REIT deserves a second look.

 

Also in today’s edition, a look at diversified financial group the Generation Development Group (ASX: GDG) and entertainment producer and distributor Beyond International (ASX: BYI).

 

Click here to read the previous edition of Small Cap Stocks Down Under published 30 July 2021

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