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As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Articles
ASX REIT downgraded following underwhelming exit
Abacus (ASX.ABG) agreed to sell its 20% interest in Storage King for $285 million via two block trades: 9% to an undisclosed party at $1.00 per Storage King security, and the rest to Ki Corporation at $1.20 per security. On average, the sale price is $1.11. Why it matters: After handing back Storage King’s management rights earlier this year, we anticipated Abacus would sell the ownership stake.
We Raise Our Uncertainty Rating for Cromwell Property Group
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.
Dexus' Fiscal 2027 Outlook Isn't Rosy, but We Think Securities Are Still Undervalued
Diversification has been at the forefront of Dexus’ strategy in recent years. Once Australia’s largest office landlord, Dexus is shifting focus to managing third-party assets rather than having investment properties on its own balance sheet. Dexus has a record of selling stakes in assets into funds management vehicles.
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