Sky News Business Editor Ross Greenwood says QSuper has abandoned a US$540 million real estate investment.“QSuper and its partner, CIM Group, bought the building back in 2017, financed by a US$399 million loan.
“That loan recently fell due ... but rather than refinance it ... they simply dropped the keys on the financier's desk and walked away. “Presumably they lost their capital US$140 million; for QSuper – give or take, it's $100 million Aussie."
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