Aware Super Expands UK Property Investments
Nearly a year after opening its London office, Aware Super has embarked on its first UK property investment, committing £1 billion ($1.3 billion) in collaboration with Delancey. The partnership aims to invest in office, retail, logistics, and mixed-use properties, focusing initially on London due to attractive asset repricing. Aware Super’s first acquisition is 20 Manchester Square, leased to Lazard for £123 million. The superannuation fund also plans to establish a similar platform in Europe, targeting sectors like student housing and data centers while growing its overall real estate exposure.