NZ's Infratil, Superannuation Fund to sell entire stake in RetireAustralia for $551 million
07/08/2025 21:43
Aug 8 (Reuters) - Infratil IFT.NZ said on Friday it, along with the New Zealand Superannuation Fund, agreed to sell their entire stake in RetireAustralia to the global real estate business of Invesco IVZ.N for A$845 million ($551.11 million). Infratil, an infrastructure investment company, currently expects to receive proceeds of around A$300 million from the deal. ($1 = 1.5333 Australian dollars) (Reporting by Shivangi Lahiri in Bengaluru; Editing by Leroy Leo) ((Shivangi.Lahiri@thomsonreuters.com;))
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