QIC Active Retail Property Fund
The QIC Active Retail Property Fund (QARP) is a portfolio of supermarket anchored sub-regional and neighbourhood shopping centres and high quality large format retail centres that are dominant, or have the potential to become dominant, in their trade area.
This retail sub-sector has a low exposure to impacts from online sales, and opportunities for growth are targeted through active management, leasing and gradual small scale development.
Established in June 2014, the Fund acquired Marsden Park in August of that year, Hinkler Central in June 2015 and the most recent asset being Domain Central in July 2015.
A number of key ESG initiatives are being considered for this portfolio in order to reach our goal of embedding environmental, social and governance considerations within all of our operational assets.