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Abacus completes $85m self-storage asset sale4:38 PM, 31 Dec...

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    Abacus completes $85m self-storage asset sale
    4:38 PM, 31 Dec 2008

    Source: News Bites
    Abacus Property Group has completed the sale of an $85 million portfolio of self-storage assets to the Abacus Storage Fund.
    An entitlement offer to raise $40 million from investors in the Abacus Storage Fund, together with an offer to new investors, will open early in the new year.
    STOCK DASHBOARD: December 31, 2008
    Market capitalisation: $140 million
    Dividend Yield: 16.3%

    NJ
 
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