Abacus Group
Company Profile
Business description
Abacus Group is the owner and manager of real estate assets in Australia. The property portfolio mainly comprises modern high-grade office towers in city centers and metropolitan locations, with some small retail assets. Rents collected from these property holdings are the major earnings for Abacus. The group also has considerable exposure to the self-storage sector through Abacus Storage King. In 2023, Abacus de-stapled its self-storage portfolio and created a stand-alone Australian real estate investment trust, namely Abacus Storage King. Post de-staple, Abacus is the manager of the self-storage REIT and remains invested in it with a 20% stake. Through this structure, Abacus earns distribution income and also management fees.
Contact
77 Castlereagh Street
Level 13
SydneyNSW2000
AUST: +61 292538600
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Diversified
Fiscal Year End
30 June 2026
Employees
51
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