Daniel Kemp
The super fundโs CIO says the investor is now playing catch-up on real estate deployment after a period of sitting on the sidelines.
Private markets head Marina Pasika on why the superfund avoids 'bucketing' its portfolio by asset class and how its thematic view extends to unlisted real estate.
The ASX-listed firm has raised approximately A$268m in equity to acquire a 50% stake in two properties in the cityโs World Square precinct.
The property has been considered a real estate asset since current owner Goodman Group purchased it in 2010.
CSCโs Glenn Riley said โthe market has turnedโ as the investor looks to increase deployment in the asset class.
Reforms under consideration could see more investments in the strategy with the introduction of an โemerging covered asset class.โ
Leaders from APG, ADIA and ART all expressed a willingness to make cornerstone investments if the terms and alignment are right.
The subsidiary of superannuation fund Cbus is in exclusive due diligence to buy out investors in the unlisted fund APPF Retail.
The platform, which is backed by the Asian alternative investment platform, will focus on transitional lending in the mid-market.
Australiaโs superfunds are on track to become the second-largest pension pool in the world. That will have major ramifications for private real estate.










