Abacus Property

Abacus Moves to List its Storage Assets

Abacus Group has announced its intention to create a new ASX listed Self Storage REIT to be known as Abacus Storage King REIT (ASK) to hold the 127 self storage assets currently owned by Abacus.

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201 Elizabeth St, Sydney, receives DA approval

GroupΒ andΒ Abacus GroupΒ announced their joint application to develop a podium extension atΒ 201 Elizabeth Street in Sydney’s CBD, has received approval from theΒ City of Sydney.

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Abacus Raise $200m for Further Deployment to key Sectors

Abacus Property Group have announced a fully underwritten capital raising of $200m to replenish its investment capacity for continued deployment into acquisitions yet to settle and into the identified development and expansion pipeline in its Self Storage portfolio.

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Abacus Convert Debt to Equity

Abacus Property Group will exit its remaining residential development and mortgage legacy loan positions by converting two loans to equity and in the refinance of a third.

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Abacus adds 22 Self Storage Assets worth $370m

Abacus Property Group has been active of the 1st quarter of FY22 to grow its portfolio of Self Storage locations and to manage operating conditions in its Commercial portfolio due to the Covid-19 related impacts across Australia and New Zealand.

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