Australia funds back British economy with major moves to the UK
25 October 2024
true
Aware Super signals confidence in UK property market.
Aware Super, one of Australia’s top performing and largest profit-for-member superannuation funds, has formed a strategic partnership with Delancey Real Estate to invest up to an initial £1 billion in UK property, further bolstering UK – Australia economic ties.
Its initial focus will be on Central London office sites in prime locations, upgrading and renovating properties to ensure they meet environmental standards and deliver on the partnership’s commitment to reducing carbon emissions in the property market.
Prime Minister Keir Starmer said:
These investments are a major vote of confidence in the UK, and in this Government.
I am determined to ensure that UK is the best place in the world to invest and do business, so we improve the lives of hardworking people.
By attracting strong, sustained investment, we will also build the expertise we need to drive innovation, stay ahead of the global game, and support economies around the world with British backed projects.
Aware Super chief executive Deanne Stewart:
Aware Super has strong confidence in the UK economy and markets and is pleased to announce a ground-breaking new commercial partnership that will invest up to an initial £1 billion, an exciting milestone that will coincide with the first anniversary of establishing our London Office.
You can read more on the official site: https://www.gov.uk/government/news/australia-funds-back-british-economy-with-major-moves-to-the-uk
Visit the Aware Super Newsroom for the latest news, announcements and insights from Aware Super.