Real Estate

Australiansuper Makes Maiden New Zealand Real Estate Investment | News | Ipe Ra

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AustralianSuper has partnered Logos to develop a NZ$500m industrial platform. : Australia’s largest industry super fund, AustralianSuper has made its first foray into New Zealand’s real estate market through a partnership with Logos to develop a NZ$500m (€294.3m) industrial platform. The partners will develop the Wiri Logistics Estate, which has direct access to Auckland’s key arterial roads and motorways, along with the Conlinx Inland Port that services the Ports of Auckland. Regional logistics specialist Logos acquired the 10-hectare Wiri site in July 2018, and development of the first facility in the estate got underway in April this year.

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