Super funds are preparing for crash?

Discussion in 'Property Market Economics' started by AlexV_Sydney, 11th Oct, 2018.

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  1. AlexV_Sydney

    AlexV_Sydney Well-Known Member

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  2. SatayKing

    SatayKing Well-Known Member

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    I very much doubt AusSuper, like all big instos here I think, is involved with residential in this country at least.

    I believe a while ago it did expand in to the EU entering into a debt venture with a European based organisation.

    In that case:

    (a) residential property either PPOR or IP is unlikely to impacted by AusSuper's decision; and
    (b) commercial stuff with which it may be involved will go its merry way - depending on whether it can service any debt or not - but an individual may not able to get their hands on the funds for sometime.

    Real Estate funds in the UK were hammered after the Brexit voter and froze funds. Don't know the current situation in that regard.

    A lot of property funds here froze redemptions around the time of the GFC. Debt smashed heaps of them to, eg Centro.
     
    AlexV_Sydney likes this.