Lend Lease

Investment Strategy

Pension funds buy up Barangaroo

Pension funds are major backers of the $6-billion Barangaroo South office towers being constructed in central Sydney by property developer Lend Lease. Canada’s largest pension fund, the $161.6-billion Canada Pension Plan Investment Board (CPPIB), invested $1 billion in the development. Australian funds First State Super and Telstra Super together committed $250 million to the Australian Prime […]
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