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Abacus Storage King Delivers 15% FFO Growth Amid Expansion Drive
8:00am on Monday 2nd of June, 2025 AEST
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Real Estate
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Abacus Storage King Delivers 15% FFO Growth Amid Expansion Drive
8:00am on Monday 2nd of June, 2025 AEST
Key Points
Statutory net profit surged to $67.8 million, up $67.4 million from HY24
Funds from operations (FFO) increased 15.1% to $43.3 million
Distribution per security rose 3.3% to 3.1 cents, targeting 6.2 cents for FY25
Portfolio occupancy improved to 91.0%, with rental rates up 4.4%
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Abacus Storage King (ASX:ASK)
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