Locally based global infrastructure fund manager IFM Investors is in talks to merge with property platform ISPT, to create a $233 billion real asset powerhouse controlled by some the country’s largest industry super funds, The Australian Financial Review can reveal.
The two platforms have many shareholders in common – including AustralianSuper, Cbus, UniSuper, HESTA and Hostplus – and a tie-up between the pair has been mooted in the past.
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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
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com
