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Property Portfolio
Abacus Property Group holds a diversified investment portfolio of primarily commercial, industrial and retail properties. Rental income from these properties is the largest contributor to the earnings of the Group.
Abacus has a core plus, asset-centric business model where the focus is not on the quantity of assets, but rather the nature of each asset we control and the opportunities they present.
Abacus's disciplined property selection process maintains a firm focus on fundamental real estate value.
Our experience has shown that strict adherence to our fundamental investment criteria enables Abacus to acquire assets well and that provide opportunities for outperformance while minimising downside risk to equity.
As at 31 December 2009, Abacus Property Group had a total of $797 million in property assets on the balance sheet. This total is made up of the principal investment property portfolio valued at $621 million and properties that have been acquired for future funds.
Abacus also owns approximately $33 million of property assets classified as property, plant and equipment, including a portfolio budget accommodation properties in New Zealand and two pubs in NSW.
Download Abacus Property Book (1.5 mb)
| Principal investment property portfolio |
| Occupancy: 96% |
| WALE by income: 4.3 years |
| WALE by area: 4.1 years |
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