Abacus Group (ASX:ABG), a diversified property investor, was sold by Oracle Advisory Group after its restructuring. In June 2024, Oracle reported it fully exited Abacus Group, explaining that it had bought the group before it de-stapled Abacus Storage King, with the view that both securities would be worth more after the separation. Oracle exited as the office-heavy Abacus Group faced a weak commercial property market. Abacus Group operates in the Real Estate sector within the Equity Real Estate Investment Trusts industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Oracle Advisory Group. Established in 1996 and headquartered in Sydney, Abacus Group invests in a diversified portfolio of Australian office, retail and other commercial properties, having separated its self-storage business into the separately listed Abacus Storage King, and has been focused on managing its office exposure through asset sales and capital management amid weaker valuations.