Brief: Abacus Property Group Says Intention To Create New ASX Listed Self Storage REIT

Abacus

16/02/2023 01:35

Feb 16 (Reuters) - Abacus Property Group  ABP.AX :
    * INTENTION TO CREATE NEW ASX LISTED SELF STORAGE REIT TO BE
KNOWN
AS ABACUS STORAGE KING REIT
    * ASK IS TO BE ESTABLISHED BY DE-STAPLING ABACUS' EXISTING
SELF
STORAGE ASSETS
    * ASK WILL BE EXTERNALLY MANAGED REIT WITH MAJORITY
INDEPENDENT
BOARD OF DIRECTORS
    * ABACUS WILL BE MANAGER OF ASK AND INTENDS TO RETAIN
MINORITY
INTEREST OF UP TO 19.9% OF STAPLED SECURITIES IN ASK

Source text for Eikon:  ID:nASX9zpQzx 
Further company coverage:  ABP.AX 
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