| AustralianSuper has appointed TIAA Henderson Real Estate (TH Real Estate) to manage its London office property investment strategy. TH Real Estate, which is 60% owned by TIAA-CREF and 40% by Henderson Global Investors, already manages AustralianSuper's UK shopping centre portfolio.
The arrangement with TH Real Estate is similar to that AustralianSuper negotiated with QIC last year over its US property investments. Rather than provide the fund manager with a lump sum to invest as it will, there is no set investment, and AustralianSuper will be more involved in investment decisions...............................................Full Article: Source
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