25 May 2009 13:00
Westfield is more than half the Australian REIT market.
“So investors are saying ‘I’ll just take a global portfolio and remove my Australian REIT exposure and get it through a global product’, hence why we’ve changed the benchmark so it’s inclusive of
Australia.”
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Brighter Super and the JANA are among four Australian institutional investors that have committed a combined $705 million to a dedicated Australian portfolio investing in European middle-market lending.
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