Sun, Apr 20, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Fund Profile, Investment more

Super funds moving out of property

Posted on 02 October 2008

From The Australian: Australia’s superannuation funds have put as much as $2billion worth of their units in unlisted wholesale property trusts up for sale at discounts of as much as 10 per cent. Institutional investors such as superannuation funds have about $50 billion invested in unlisted property funds run by managers such as Lend Lease, AMP, Macquarie Group and GPT.

Analysts said the collapse in the price of equities meant super funds were holding too much property and they were trying to sell stakes in unlisted funds. Australia’s 150-odd superannuation funds have prescribed guidelines covering their investments in property, ranging from 5 per cent to 25 per cent….. Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930