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How Did Abacus Storage King Boost Its Portfolio Value by $165.7 Million?
2:42am on Monday 2nd of June, 2025 AEST
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Real Estate
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How Did Abacus Storage King Boost Its Portfolio Value by $165.7 Million?
2:42am on Monday 2nd of June, 2025 AEST
Key Points
5.5% portfolio value increase to A$3.21 billion
Income growth from better occupancy and lease-up
Weighted average cap rate firmed by 7 basis points to 5.49%
Pro forma net tangible assets to rise by approximately $0.13 per security
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Abacus Storage King (ASX:ASK)
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