
Daniel Kemp
The A$33.5bn Queensland-based superfund handed a mandate to Barings this year and is open to further new relationships.
The firm’s head of real estate strategy expects the sector – previously hard hit by rate hikes – recovering faster than other asset classes.
MAM's head of real estate APAC James Kemp sees the potential for the Australian real estate credit market to double in the next decade.
APRA said that superfund trustees ‘have work to do’ to improve their processes, with enforcement action possible for underperformers.
With its new merger, the Melbourne-based infrastructure firm hopes to grow and globalize property fund manager IFM’s unlisted platform.
The Singaporean firm, which is buying Australian credit manager Wingate, aims to triple its FUM in the country over the next few years.
APRA will soon publish a review into how superfunds value unlisted assets, with ASIC supporting the work as it considers systemic risk to the wider financial system.
For the first time, the Australian government has directed the superannuation fund to target specific asset classes when making investments.
Blackstone will make its investment in the data center business from four separate strategies – real estate, infrastructure, tactical opportunities and private equity.
The Australian superfund-owned managers would combine infra and property expertise, but stakeholders say they have distinct governance arrangements that will be hard to reconcile.