| (Values in U.S. Thousands) | Jun, 2022 | Jun, 2021 | Jun, 2020 | Jun, 2019 | Jun, 2018 |
| Sales | 308,388 | 242,443 | 215,444 | 227,833 | 259,512 |
| Sales Growth | +27.20% | +12.53% | -5.44% | -12.21% | +28.79% |
| Net Income | 517,165 | 369,409 | 84,727 | 202,723 | 243,709 |
| Net Income Growth | +40.00% | +336.00% | -58.21% | -16.82% | -14.52% |
Abacus Stapled [Abp] (ABP.AX)
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Abacus Property Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management is implementing a separation of the storage business in August 2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognise latent value in Abacus' assets.