An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group (ASX:ABG) on January 23, 2024. As part of the agreement, Abacus Group is also selling its remaining 50% interest in Ashfield Mall, Ashfield NSW to Mintus Pty Ltd. The disposal of two non-core Commercial assets is for a net consideration of approximately AUD 107 million. The proceeds from the sale will be utilized to reduce debt The transaction is expected to close in February 2024.
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5-day change | 1st Jan Change | ||
1.19 AUD | +0.85% |
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+1.71% | +3.48% |
05-21 | Abacus Group Reaffirms Distributions Guidance for the Fiscal Year 2024 | CI |
05-13 | Earnings Flash (ABL) ABACUS LIFE SETTLEMENTS Posts Q1 Revenue $21.5M | MT |
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EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
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+3.48% | 701M | |
-15.04% | 12.05B | |
-13.10% | 5.74B | |
-13.58% | 5.43B | |
-13.40% | 5.05B | |
+1.55% | 4.74B | |
+6.14% | 4.76B | |
-13.09% | 4.25B | |
-2.34% | 3.57B | |
-14.96% | 3.12B |
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- An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group.