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Abacus clears Storage King stake to sharpen commercial property focus

9:30am on Friday 18th of September, 2026 AEST Real Estate
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Abacus clears Storage King stake to sharpen commercial property focus

9:30am on Friday 18th of September, 2026 AEST
Key Points
  • 19.60% Storage King stake sold for $284.8 million
  • 10.37% strategic sale to Ki Corporation at $1.20 per security
  • 9.23% institutional block trade priced at $1.00 per security
  • Gearing expected to fall to approximately 30%
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