Australian pension fund buys Sydney airport site to build US$2.5 bln logistics hub
SYDNEY: Australian pension fund UniSuper said on Wednesday it had bought an undeveloped site next to Sydney’s planned new international airport to develop a logistic hub worth around A$3.9 billion (US$2.5 billion), its second major property deal in three weeks. The purchase, a 50/50 joint venture with unlisted property fund manager ISPT, marks the latest...
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