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Australia's Aware Super keeps a weather eye on Asia property market

Property is hot in Australia and the country's second-largest super fund has 75% of its real estate portfolio tied up locally. Is now the right time to enter Asia?
Australia's Aware Super keeps a weather eye on Asia property market
Aware Super, Australia’s second largest super fund, which has A$10 billion ($7.47 billion) invested in real estate, is set to increase its real allocation to Europe and is considering making its first investment into Asia’s real estate market. Alek Misev, portfolio manager for property at Aware Super in Sydney told AsianInvestor the risk/return dynamics in the Asia property region have not been as appealing as Europe and the US, adding that the fund lacks networks or familiarity i…
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