Australian fund buys airport site for logistics hub
[ SYDNEY: Australian pension fund UniSuper says it has bought an undeveloped site next to Sydney’s planned new international airport to develop a logistic hub worth around A$3.9bil (US$2.5bil), its second major property deal in three weeks. The purchase, a 50:50 joint venture with unlisted property fund manager ISPT, marks the latest acquisition for UniSuper, … Read more
