By David Parsley2018-03-21T09:21:00
AustralianSuper, the £70bn Australian superannuation fund, has expanded its mandate with TH Real Estate, appointing the investment manager to advise on opportunities in the office and retail sector in Europe.
First appointed in 2013, TH Real Estate has helped AustralianSuper grow its UK property investment portfolio. The team advised on the acquisition of a 50% interest in thecentre:mk in Milton Keynes and a 67% stake in King’s Cross, London.
AustralianSuper, Australia’s largest superannuation fund, currently manages a £5.5bn property portfolio. It’s appetite for European office and retail property is focused on the prime and super prime sector, as part of a global core strategy.
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