AustralianSuper to raise presence in Europe RE

The A$130 billion Australian superannuation fund to explore European property markets.

AustralianSuper will increase the focus on European core real estate for its mid-risk investment portfolio.

The super fund is looking to invest in core assets, such as large-scale retail and office properties, in major European markets through subordinated debt strategy.

To better manage its mid-risk portfolio, the super fund has formed a mid-risk assets team to centralise the management of real estate, infrastructure and direct lending investment.

Currently, AustralianSuper manages A$130 billion of assets and allocates $10 billion to real estate investments.

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