Abacus Property Group (ASX:ABP)

Steven Sewell
MD
Market Cap (AUD): 2.53B
Sector: Real Estate
Last Trade (AUD): 3.845 -0.07 (-1.91%)
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1. About

Abacus Property Group is a leading diversified property group. The Group specialises in investing in core plus property opportunities in Australia.

Abacus is a stapled entity that combines the securities in three companies, Abacus Group Holdings Limited, Abacus Group Projects Limited and Abacus Storage Operations Limited, and three trusts, Abacus Trust, Abacus Income Trust, and Abacus Storage Property Trust. The Group’s investment objective is to provide its investors with reliable and increasing returns. The Company looks for property assets that are capable of providing growth in rental income; and asset value as a result of its diligent active management. The Company does this through the acquisition, development, and management of property assets by: taking advantage of its specialised knowledge and market position as the only listed core plus investor in the ASX 200; investing in core plus property investments that are expected to yield 12-15% per annum equity total returns over time; and driving value through active management of the asset portfolio and through the reinvestment of sale proceeds.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk