Abacus Property Group

Abacus Property Group is a specialist property investor, funds manager and financier listed on the Australian Stock Exchange (ASX code: ABP) and included in the S&P/ASX 200 Index.

Abacus has four integrated businesses, based on our core expertise in acquiring property and actively managing it to realise its full value.

Rental income and capital growth from the property portfolio is enhanced by fee income, interest income and profit participation from the other businesses to provde a blended return to securityholders.

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Yo-yo markets continue on US China trade war: Aus shares 0.1% lower at noon

16 Aug 2019 - Watch/read everything you need to know about markets, plus latest on reporting season. Abacus Property Group (ASX:ABP) profit falls 17% in FY19 as business transition…

Rates could go to zero: Lowe: ASX 0.02% lower at noon

09 Aug 2019 - The ASX is on the rise and was tracking 0.02% lower at noon. James Hardie Industries (ASX:JHX) shares are up after they posted their adjusted NOPAT for FY20 would be …

Abacus Property Group announces security purchase plan

05 Aug 2019 - Abacus Property Group (ASX:ABP) has today announced it will be conducting a non-underwritten security purchase plan.

Abacus Property Group completes $250 institutional placement

25 Jul 2019 - Abacus Property Group (ASX:ABP) has successfully completed its first underwritten institutional placement raising $250 million.

Wall St 2nd best day of year on hints of interest rate easing: Aus shares to extend yesterday’s gains

05 Jun 2019 - The Australian share market is eyeing a gain of 0.8 per cent after US stocks had their 2nd-best day 2019. US made goods orders fall less than expected. Aus interest r…

RBA cuts cash rate by 25 basis points: Aus shares close 0.2% higher

4 June 2019 - The ASX200 managed to unwind some of the losses we have seen over the past week to close 0.2% higher. The Financial sector rallied following news that the RBA has sla…

Splitit set to raise $30 million: Aus shares up 1.1% over week

17 May 2019 - The Australian share market finished 0.6 per cent higher today after hitting a new 11 year high early in the session. Despite this, the Australian dollar continued to…

ASX reaches new 11 year high: Aus shares 0.9% higher at noon

17 May 2019 - The ASX200 opened higher following encouraging leads from the US and has seen a bullish rally during the first two hours of trade which has propelled the market to a …

Abacus plans to divest $31m in assets: ASX up 2% over week

26 Apr 2019 - The ASX200 has been clawing back ground this afternoon to close flat. Over the week the market gained 2% with all of the sectors except Materials and Communications c…

Abacus Property Group sells Liverpool Plaza for $46m

20 Mar 2019 - Abacus Property Group (ASX:ABP) has exchanged contracts for Liverpool Plaza and two small adjoining properties in Liverpool in NSW for $46 million.

Poor US retail sales data hits Wall St: ASX set to open lower

15 Feb 2019 - Australian shares are set to open lower this morning, following on from Thursday's modest losses. Shares on Wall Street opened sharply lower, before paring most losse…

Banks drag on market after release of ASIC report: The ASX closed flat

25 Sep 2018 - The ASX closed flat today with the big banks dragging on the market after an ASIC report released today. Air travel companies have seen a dip today. Abacus Property G…

Fourth day of gains: Aus shares 0.2% higher at noon

18 Apr 2018 - Market at Midday Report. Travelers from China hit record high. Woodside Petroleum (ASX:WPL) has seen its revenue rise 18 per cent quarter on quarter to $1.2 billion. …

Better than expected reports: Aus shares recover, 0.9% up at noon

15 Feb 2018 - Market at Midday: The Australian share market rose at the open, recovering from yesterday’s losses on the back of postive leads, while some better than expected compa…

Profit taking and commodities drop: Aus shares close 0.5% lower

17 Jan 2018 - Market Wrap: Australian shares close lower for the second day this week with miners dragging the ASX down. Abacus Property Group's (ASX:ABP) Managing Director, Dr Fr…

Wall St takes a turn from gains: Aus shares to open lower

17 Jan 2018 - Market Outlook in 3 mins: The US markets finished lower yesterday after a holiday break on Monday, taking a turn from last week’s solid streak. Cryptocurrencies have …

Snapped post GFC blues: Aus shares hang onto gains at close

08 Nov 2017 - Market Wrap: ASX200 snapped post GFC blues. Aus shares hang onto gains at close. Despite rough trading ride today, gains in CBA (ASX:CBA), Abacus Property Group (ASX…

Higher for week: ASX200 0.76% lower on Friday

15 Sep 2017 - Higher for week: ASX200 0.76% lower on Friday. Nine Entertainment Co (ASX:NEC) has completed the sale of its Willoughby site to a Hong Kong based investor for $134 mi…

Higher over the week: Aus shares close 0.56% lower Friday

18 Aug 2017 - Higher over the week: Aus shares close 0.56% lower Friday. McMillian Shakespeare (ASX:MMS) expects to recognise a $15.3 million after tax non-cash impairment the 2017…

Abacus Property Group notches record financial results

18 Aug 2017 - Abacus Property Group (ASX:ABP) has reported record 2017 financial year results, with its net profit attributable to shareholders rising 53 per cent to $285.1 million…

Friday falls: Aus shares close 1.42% lower

28 Jul 2017 - Friday falls: Aus shares close 1.42% lower. Abacus Property Group Limited (ASX:ABP) says it expects to report statutory profit in the range of $275 million to $290 m…

Abacus Property Group Stronger underlying profit of $182-$187m FY17

28 Jul 2017 - Abacus Property Group (ASX:ABP) is expecting to increase its underlying profit to between $182 million and $187 million in FY2017.

US Fed votes to raise rates: Aus shares to open higher

06 Jul 2017 - US Fed votes to raise rates: Aus shares to open higher. Global Construction Services (ASX:GCS) announces acquired division Gallery Facades, has executed a $40 million…

Defying positive overseas leads: Aus shares 0.39% lower at noon

20 Jun 2017 - Defying positive overseas leads: Aus shares 0.39% lower at noon. Slater and Gordon Limited (ASX:SGH) advises that a class action has been served on it by Babscay Limi…

Aus rally halts: Dropping 0.2% at noon

31 Mar 2017 - Aus rally halts: Dropping 0.2% at noon. Carnegie Clean Energy (ASX:CCE) responds to the government's call for utility scale battery energy storage solutions.