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Abacus Property Group
www.abacusproperty.com.au/
www.abacusproperty.com.au/
Description
bacus Property Group (APG) is an Australia-based company. The Company, along with its subsidiaries, is principally engaged in investment in commercial, retail and industrial properties; property funds management; property finance, and participation in property joint ventures and developments. It operates in four business segments: Property, Funds Management, Property Finance, and Joint Ventures and Developments. The Property division comprises the investment in and ownership of commercial, retail and industrial properties. The Funds Management division develops, originates and manages off balance sheet funds in addition to discharging the Company’s responsible entity obligations. Property Finance provides mortgage lending and related property financing solutions. Joint Ventures and Developments is responsible for APG’s investments in joint venture activities and in securities of other listed and unlisted property trusts.
Recent Sector News
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Homeloans well positioned with lower interest rates in 2009
Homeloans believes the outlook of a much lower interest rate climate in 2009 together with the increased first homebuyers grant and stamp duty concessions should give some stimulus to the market going forward.













