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Showing 11 - 20 of 223 results for "Unlisted property"

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... 23.5% respectively. The portfolio also comprises of fixed interest (14%), unlisted infrastructure (9%), and unlisted property (8%). Meanwhile, AustralianSuper has reached a new milestone - $300 billion in assets under management. The fund also projects ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... In contrast, the FTSE EPRA Nareit Developed ex Australia Rental index, the indices applied for international unlisted property, registered a -17.1% downturn over the same period. Despite the property sector underperformance, Chatfield is satisfied with ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... appropriate and in members' best financial interests," it said. "We're one of Australia's largest investors in unlisted property and infrastructure. We'll continue to invest in these assets, both in Australia and overseas, by blending them into our other ...

Future Fund adds to investment team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
Future Fund has strengthened its investment team with the hire of Toby McMillan as director of unlisted property. McMillan arrives from the $60 billion quasi-sovereign wealth fund Victorian Funds Management Corporation. McMillan worked at VFMC for more ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... benchmarks will be updated in a bid to make the test more accurate. The new test will expand the international unlisted property benchmark to a greater geographical allocation. Australian and international unlisted infrastructure will be updated to a ...

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... meaning the costs to operate are much higher per member. It also cannot invest in certain illiquid assets, like unlisted property, so is unlikely to generate the same returns as larger funds, it said. Earlier in 2022, the fund was identified by APRA ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... meaning the costs to operate are much higher per member. It also cannot invest in certain illiquid assets, like unlisted property, so is unlikely to generate the same returns as larger funds, it said. Alcoa's trustees said they have a duty to explore ...

UBS, CBRE launch global property model

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
... volatility throughout 2022, it's our view that valuations have become dislocated from the resilience shown in unlisted property, and are therefore presenting an attractive entry point for long term investors." CBRE Investment Management portfolio manager ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's balanced investment option, of which more than 25% is in industrial ...