Abacus Property Group’s progressive up-weighting into self-storage facilities is paying off, as earnings growth and valuation gains in that sector outstrip those from its retail and office investments.
Led by Steven Sewell, Abacus’s $5.2 billion portfolio is now evenly split between self-storage outlets and its other commercial interests. A hefty $1 billion has been invested over fiscal 2022 so far into Abacus’s portfolio overall.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
