Superannuation fund Aware Super is ramping up its exposure to returns from the global housing sector with a $900 million investment into one of the UK’s pioneering platforms in the build-to-rent sector, Get Living.
Signed off in London over the weekend, the deal involves an initial equity stake along with follow-on investments in Get Living’s £3 billion ($5.5 billion) portfolio of about 4000 homes.
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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