ASX:ABGOffice REITs
Abacus Group (ASX:ABG) Shares Face Storage King Loss Overhang
Abacus Group stock closed at A$0.905 on Wednesday, only slightly higher over the past week, which suggests investors are still weighing up the full year 2026 result. The headline is an uncomfortable split personality. Funds From Operations, the key metric for a real estate investment trust, came in at A$81.2m and kept the operating engine steady. However, a one off A$122m non cash loss tied to the Storage King stake pushed statutory earnings deep into the red.
Love the steady A$81.2m FFO from...