Every Spin-Off
Abacus Storage King
ASK AUCompletedAUOwns more than 100 self-storage facilities in Australia and New Zealand, operated under the Storage King brand.
Abacus Property Group de-stapled its roughly A$3bn self-storage portfolio into a separately ASX-listed stapled REIT, Abacus Storage King, distributing 1 ASK security for each ABP security held, with Abacus retaining a minority stake of up to 19.9%.
- Distribution date
- 3 Aug 2023
- Structure
- Spin-off
- Parent
- Abacus Group (formerly Abacus Property Group) (ABG AU)
- Spin-off ticker
- ASK AU
- Listing
- ASX
- Market
- Australia
- Sector
- Real estate
- Size
- small
Source documents
- Press releaseNot located
- PresentationInvestor presentation (06/23)
- Prospectus / demerger documentNot located
- Sourceinvestsmart.com.au (ASK announcements)
- Sourceinsideselfstorage.com
- Sourcepropertymarkets.news
- Sourcesupport.class.com.au (corporate actions log)
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