Abacus Group - Company Profile
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Abacus Group (Abacus) is a real estate development and investment company. Strong property portfolio, fleet capacity, and operating performance are the company’s major strengths, even substantial debt remains a cause for concern. Recovery in the Australian construction industry, expansion in commercial real estate, and growth strategy could provide growth opportunities to the company. However, risks related to competitive bidding, the inability to collect rent from tenants, and real estate regulations in Australia could affect the company’s operations.
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