AustralianSuper: home and away

In January AustralianSuper became the majority stakeholder in one of London’s greatest regeneration success stories. David Hatcher met the fund’s head of property Jack McGougan in Sydney to talk international expansion

There is no superannuation fund bigger, better or more sophisticated in Australia than AustralianSuper. The Melbourne-based giant has just under 10% of its A$91bn (£44.5bn ) empire within real estate. With grand plans to widen its reach overseas, the fund is now focused on boosting that figure to up to 12% over the medium term.

Last week the fund spent £432m on a 42.5% stake in King’s Cross,…

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