The Institutional Real Estate Letter - Australia
September 1, 2013: Volume 2, Number 3Buy For $150.00 Add to Cart
The super spectrum: What do mega-funds and SMSFs illustrate about the future of the super industry?
As the Australian superannuation (retirement funding) system swells to A$1.58 trillion (US$1.45 trillion) in size — it is now the fourth-largest pool of retirement funds in the world — major changes are afoot at both ends of “super”.
Low-growth world: Implications for commercial real estate performance
Growth is going to be lower in the future. In recent months, the outlook for economic growth has been steadily downgraded.
Past, present and future: PIR's survey of Australian property funds finds key themes relate to industry transformation
Every year, Property Investment Research (PIR) updates what we believe to be Australia’s largest and most comprehensive property funds database. We compiled our findings into PIR’s 2013 AustralianProperty Funds Industry Survey, and we are pleased to present the highlights of the survey’s latest edition below.
Supers look to greater international investment
In the coming years, Australian superannuation funds will be faced with more capital, not less, to invest given workers’ compulsory superannuation guarantee, which increases from 9 percent to 12 percent incrementally between 1 July 2013 and 1 July 2019.
Transactions round-up: Australian markets see large deals
Australia’s property markets were busy during the second quarter and early in the third quarter, despite economic challenges affecting the value and returns on commercial real estate. Much of the office activity centred in Sydney and Perth, while the retail sector saw transactions across the country.