AUSTRALIA - Industry Superannuation Property Trust, an Australian direct property investment manager owned by pension funds, plans to create a fund focusing on residential investments by the end of the year.
The new fund will raise between A$200m ($184m) and A$300m to invest in assets including land that can be redeveloped into high-density housing, said Daryl Browning, who helps oversee about A$6.7bn ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date