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Abacus Group Stapled (Unit, Ordinary Share) - New

ABG: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$6.92DgjnYxsvxjpc

Abacus Group Earnings: Property Portfolio Recovering but Buffer to Debt Covenants Could be Larger

On its own, Abacus’ fall in occupancy to 92.6% in the December 2023 half, down from 95.0% six months earlier, is concerning given a marketwide oversupply of offices. But rent increases support our confidence in the outlook for no-moat Abacus.

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