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Abacus Group Internalises ASK Management in $24 Million Deal

10:00am on Thursday 1st of January, 1970 AEST Real Estate
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Abacus Group Internalises ASK Management in $24 Million Deal

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • ABG to acquire 100% of ASK’s responsible entity for $24 million
  • Internalisation expected to complete by 30 June 2026
  • ABG ceases management fees from ASK but gains $8.4 million in annual cost savings
  • Key executives remain in roles; leadership changes planned at ASK
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