M&G has invested A$200m ($147m), taking a 20% stake, into the ESR Australia Development Partnership (EADP) which aims to develop an Australian real estate portfolio investing in the logistics sector.
The partnership is managed by ESR Group, an Asia-Pacific logistics real estate company, and was launched in 2020 with two Western Sydney logistics projects. It has an active developable land pipeline with an anticipated end value of A$1bn.
But should have expected weekend credit downgrade, Aberdeen adds
Gains came before extreme FX market volatility this month
Cathay Life outsources RMB 300m via CITIC Trust fixed income plan
Let's imagine the dying down of the tariff furore marks the end of the latest series, will tax-cuts and deregulation finally appear to offer insurers some light relief?
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