Real Estate

Super Fund Awards $50M Mandate

by financialstandard.com.au posted 1year ago 55 views
EG Funds Management has won a mandate from a $9 billion superannuation fund. : The real estate investment manager, with $2.1 billion under management, was awarded a $50 million mandate from Tasplan, which will invest the funds in EG's High Income Sustainable Office Trust. The trust invests is Australian real estate using active fund management strategies aiming to deliver risk-adjusted returns. It targets office assets with low energy ratings from the National Australian Built Energy Rating System (NABERS). The Clean Energy Finance Corporation, Uniting Financial Services and Deakin University also invest in the trust, which was launched in 2016.

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