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Sunsuper turns opportunist on China high-yield property debt

Shusi He
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Sunsuper turns opportunist on China high-yield property debt

One of Australia’s largest superannuation funds Sunsuper said it is being an opportunist about taking debt positions in some southern Europe and Asian real estate markets, including with the small amount of debt it holds in the stricken China Evergrande Group.

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