AustralianSuper Makes Landmark Investment in UK Retail Space

Posted on 12/29/2013


AustralianSuper, Australia’s Melbourne-based superannuation fund, has agreed to purchase a 50% stake in thecentre:mk, a major regional shopping center from BT Pension Scheme for £270 million (US$ 442.5 million). Hermes Real Estate Investment Management acted on behalf of BTPS. According to a news release issued by AustralianSuper, the purchase is in line with a strategy […]

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