12.8% return on reits future fund big investor

funny, it may be an indirect investment in property, but it is still, ultimately an investment in the property market, and by none other than the huge government Future fund...

originally set up by Peter Costello to fund the government superannuation future payments liability....
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The $82 billion Future Fund is looking favourably at listed property trusts, after the sector helped drive the fund’s 12.8 per cent return. The fund see the listed trusts as a good proxy for direct property holdings, and it likes their liquidity

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http://www.afr.com./p/business/property/future_fund_looks_to_reits_cd8G3c35k6uHaklrByQvYN