Australia’s $1.4 Trillion Pension Funds Chase Property Assets

Australia’s $1.4 Trillion Pension Funds Chase Property Assets

Brendon Thorne/Bloomberg

Commercial buildings, including the Westfield Group shopping center, left, and the Sydney Tower, center, in Sydney. About A$1.4 billion of transactions involving commercial properties priced at more than A$20 million each took place in the first quarter of 2012.