Aussie real estate's biggest supporters? Super funds
Australian real estate is hot property for the country’s superannuation funds, which made up almost half of the sector’s capital inflows during the first half of this year.
Australian superannuation funds have been aggressively investing in domestic properties, accounting for 40% of the capital flowing into Australia’s real estate industry in the first half of the year.
During this period, the super funds allocated A$11.9 billion ($8.6 billion) into the Australian real estate sector, according to Australian Prudential Regulation Authority (APRA) data released on August 25.
Over the same period, global investors allocated A$29.6 billion into Austral…
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