The AUD 25.4 billion superannuation scheme is planning to invest AUD 300 million in one or two funds over the next 12 months. It will target core domestic retail funds and make its next commitment by the end of this quarter. It committed an additional AUD 200 million across existing funds in H1 2010. It believes that core domestic funds that are substantially unleveraged are presenting the best opportunity in the current market. It has an allocation of 9.8% to real estate, with 38% of its portfolio in private real estate funds.
More information on private real estate investors , is available on Preqin's online product, Real Estate Online.