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Australia’s $1.4 trillion pension funds chase property assets

Posted on 15 May 2012

Australian pension funds, managers of about $1.4 trillion in assets, plan a property buying binge that may drive up prices, as new laws force employers to increase contributions to retirement savings programs.
Construction and Building Union Super and AustralianSuper plan to double investments in offices, malls and retirement villages, seeking income-producing assets that have potential to rise in value………………………………………..Full Article: Source


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