July 31 (Reuters) - Abacus Property Group ABP.AX :
* ENTERED CONTRACTS WITH 2 FUNDS MANAGED BY ISPT FOR ACQUISITION OF A 50% INTEREST IN TWO SUPER CONVENIENCE RETAIL ASSETS
* TOTAL PROCEEDS OF ABOUT $217 MILLION FROM DEAL
* 50% INTEREST ACQUIRED BY ISPT'S CORE FUND, FOR $102.3 MILLION