Abacus Property Group

The security price of Abacus Property Group has been sluggish since the announcement of a merger with its unlisted storage fund. But since reaching $1.80 on 24 Jan 12, the price has increased 13%. Although we’re downgrading a notch to Hold, the investment case hasn’t changed. While many property groups are currently weighed down by debt concerns and tougher lending standards, Abacus has been teaming up with large overseas investors to buy larger and higher quality properties than previously. The company’s expanding property portfolio also produces management fees while management actively works to increase property values via higher occupancy rates...

The security price of Abacus Property Group has been sluggish since the announcement of a merger with its unlisted storage fund. But since reaching $1.80 on 24 Jan 12, the price has increased 13%.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles