AMP Capital picks up NZ Super Fund property mandate

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NEW ZEALAND: The New Zealand Superannuation Fund has appointed AMP Capital Investors (NZ) to manage a New Zealand unlisted property mandate, via the AMP Property Portfolio (APP).  

The fund will initially invest NZ$78m (US$54m) in the APP, a nation-wide diversified portfolio of 28 commercial, office, industrial, retail, hotel, and development properties. Valued at more than N...

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