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Aware Super, Delancey to Invest £1 Billion in Top London Offices.

Authors :
Bainbridge, Amy
Source :
Bloomberg.com; 10/24/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Aware Super and Delancey Real Estate have partnered to invest £1 billion in UK property, focusing on high-end offices in central London. This collaboration also includes plans to explore retail, logistics, and mixed-use properties. The move comes amidst the turmoil in commercial real estate due to the global pandemic, presenting buying opportunities at discounted prices. Australian pension funds, like Aware Super, are increasingly turning to property investments, with a focus on anticipating future trends and making counter-cyclical choices. The International Monetary Fund has raised concerns about the amount of money Australian pension funds are investing in illiquid markets, warning of potential liquidity issues in times of stress. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180456039