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A $240b infrastructure and property merger gets down to business

Nick Lenaghan

Infrastructure heavyweight IFM Investors has finalised its long-awaited tie-up with industry super fund property platform ISPT, creating a $240 billion-plus funds behemoth the pair hope will provide more clout and more choice for their investors, globally and locally.

The two businesses officially merged on Friday through a scheme of arrangement, after approval by ISPT shareholders.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p5kxxo