Lend Lease is a leading property and infrastructure group with operations in Australia, Asia, the Americas, Europe and the Middle East. Its investment management platform currently has A$11.8 billion (€9.5 billion; $11.9 billion) in funds under management supported by over 150 institutional pension funds and sovereign wealth funds through a number of unlisted wholesale managed funds and separate mandates.
Institutions heed the call
The Australian PPP market has been the target of international developers and development funds, but now local and international institutional investors are being increasingly attracted to this core infrastructure investment segment. Duncan Taylor discusses opportunities and nuances