March
- Exclusive
- Commercial real estate
Singaporeans plot Aussie self-storage raid with $460m war chest
Singapore-based StorHub has secured $460 million in equity funding to establish a platform in Australia, and already has five assets.
- Larry Schlesinger
July 2023
Intermediate Capital Group does the heavy lifting at self-storage REIT
We’ve unearthed another deal in the red-hot self-storage sector.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
‘Better value’ from niche property trusts in volatile times
Unlike large A-REITs that mostly invest in office, industrial and retail assets, these own specialised assets that are less cyclical.
- Tony Featherstone
Abacus locks in $3b Storage King demerger raise at $1.41 floor price
Abacus Property Group will come out of a trading halt on Monday to announce completion of its $225 million raising for the Storage King demerger.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Abacus kicks off $225m raising for Storage King REIT spin-off
The de-stapling of Abacus’ self-storage assets and operations will create a $3.1 billion trust with 112 trading self-storage facilities.
- Updated
- Larry Schlesinger
- Opinion
- Chanticleer
Storage king rides hot property to list on ASX
Investors have thrown the commercial property rule book out the window, and it’s up to the big real estate managers to adjust.
- Updated
- Anthony Macdonald
May 2023
Abacus self-storage demerger roadshow in two weeks, raising $350m
Fund managers are expecting a roadshow in first half of June, but are yet to receive formal invites.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March 2023
New self-storage play hits fundraising circuit, talks roll-up goals
Like Abacus Property Group or National Storage REIT on the ASX? Meet the KMD Storage Trust.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
February 2023
Abacus opens the door to $3b self-storage REIT
The market has plenty of tailwinds, including an imbalance in supply and demand for space, densification of residential property, and the growth of e-commerce, according to Abacus.
- Nick Lenaghan
January 2023
Indebted REITs unlikely to have to raise emergency capital
Debt is an issue for property companies, but it’s not extreme. And there are some major differences from the big GFC downturn.
- Michael Bleby
June 2022
- Exclusive
- Commercial real estate
StoreLocal Group secures $100m equity injection from Partners Group
The pandemic ignited demand for self-storage, a trend that shows no sign of slowing with global investors such as Partners Group looking to capitalise.
- Martin Kelly
March 2022
Lang Walker aims sky-high with $750m twin Collins Street towers
The scheme will deliver as much as 155,000 square metres of office space and, if approved and developed, will represent a major investment in the long-term appeal of CBD workplaces.
- Nick Lenaghan
Abacus taps Barrenjoey, Shaw for $215m raising
Abacus Property is seeking to raise $200 million equity via Barrenjoey Capital Partners.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
Abacus looks to exit $250m super site as self-storage expands
Abacus is steadily reducing its investment in legacy assets, such as the Melbourne development site, as it steps up its exposure to stronger returns from its self-storage platform.
- Nick Lenaghan
February 2022
Abacus locks in earnings bounce from self-storage
The work-from-home inspired need to declutter, a busy housing market, and the need to store e-commerce goods are driving demand for self-storage facilities.
- Nick Lenaghan
August 2021
Abacus cautious on future as COVID-19 takes a grip on key markets
Abacus Property Group had a huge FY21, deploying $1 billion into commercial and self-storage assets. It’s still keen to grow but is cautious about the outlook.
- Martin Kelly
July 2021
Abacus spends to grow with $160m Storage King portfolio buy
Abacus Property Group has bought five Storage King sites in Sydney’s north for $160 million, taking the value of its sector portfolio to almost $1.5 billion.
- Martin Kelly
Charter Hall, Abacus start FY22 with $666 million in deals
Charter Hall and Abacus have hit the ground running this financial year announcing a series of key deals worth a combined $666 million.
- Martin Kelly
June 2021
Self-storage company thinks outside the box
A national expansion is on the cards for Taxibox, which is also trialling a new storage concept.
- Martin Kelly
May 2021
Seven left-field ideas for housing-related investing
Canny ways to profit from the housing boom include buying into property lenders, self-storage property trusts and emerging telco providers.
- Tony Featherstone
