Super funds' property allocation tipped to reach $350 billion by 2020: Charter Hall chairman

The amount of money superannuation funds invest in the property sector could reach $350 billion at current asset allocation preferences, according to Charter Hall chairman Kerry Roxburgh.

Speaking at the recent Charter Hall AGM, Roxburgh presented a slide that showed the projected growth of superannuation funds under management at rates of 7% and 10% per annum, with property currently making up 11% of the portfolio mix of super funds. 

At the top end growth rate of 10%, superannuation funds under management would reach $3.2 trillion with an 11% property allocation equating to roughly $350 billion.

Source: Charter Hall

 

 


Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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