Abacus Group - Company Profile
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Abacus Group (Abacus) is a real estate development and investment company. Strong property portfolio, high liquidity, and financial leverage are the company’s major strengths, even as operating performance remains a cause for concern. Recovery in the Australian construction industry and strategic initiatives could provide growth opportunities to the company. However, an increase in minimum wages in Australia, the inability to collect rent from tenants and real estate regulations in Australia could affect the company’s operations.
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