Abacus Group (ABG.AX)

1.1500 -0.0150 (-1.29%) At close: 04:10PM AEST

Abacus Group

Level 13
77 Castlereagh Street
Sydney, NSW 2000
Australia
61 2 9253 8600
https://www.abacusproperty.com.au

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Steven Craig Sewell B.Sc.	MD & Director	2.21M	N/A	1966
Mr. Evan Goodridge	Chief Financial Officer	764.71k	N/A	N/A
Mr. Gavin Lechem	Chief Investment Officer & General Counsel	962.53k	N/A	N/A
Ms. Cynthia Rouse	Executive GM of Investor Relations & Corporate Communications	N/A	N/A	N/A
Ms. Paula Bauchinger	Executive General Manager of People & Culture	N/A	N/A	N/A
Michael Tate	Chief Executive Officer of Storage King	N/A	N/A	N/A
Ms. Belinda Cleminson	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Commercial property and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 Index and the FTSE EPRA NAREIT Global Real Estate Index Series. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.

Corporate governance

Abacus Group’s ISS governance QualityScore as of 1 May 2024 is 3. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.