Australasia

Abacus Property Group, an Australia-based, publicly traded, diversified real estate investment trust (REIT) with interests in self-storage, intends to raise $402 million through institutional and entitlement offers. The company will use the funds...

Abacus Property Group, the Australia-based, publicly traded real estate investment trust (REIT) that purchased a 25 percent Interest in Storage King in August 2018, has agreed to acquire the remaining 75 percent for $50 million. The deal is...

Update 3/19/20 – Public Storage has withdrawn it’s bid to acquire NSR due to market conditions affected by the coronavirus pandemic. NSR officials characterized the bid withdrawal as a pullback “at this time.” It’s unclear if Public Storage may...

Update 2/25/20 – Abacus deployed more than $600 million in capital during the first half of its 2020 fiscal year (HY20), which ended Dec. 31, including a series of acquisitions and joint ventures in the office and self-storage sectors, with those...