Office

As at 31 December 2016, Abacus owns and manages a $551 million office portfolio across 17 assets providing 87,435 sqm of office space.

The portfolio is primarily focused on the CBDs of Sydney, Melbourne and Brisbane. We also have assets in Adelaide and Canberra. We have a combined internal and external management approach, utilising external property managers in regional areas and metropolitan areas where we have no local staff. The Group’s commercial (Office and Industrial) asset management team is managed by Peter Strain.

Here are a selection of our major assets.

Portfolio metrics

Major statistics as at 31 December 2016

Portfolio size $551 million
No. of assets 17
Net lettable area 87,435 sqm
Portfolio occupancy 88.6% (by area)
WALE 3.8 (years by income)