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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