OMERS celebrates a decade of growth in Australia, investing in infrastructure, real estate, and bonds
OMERS marks its 10th year of operations in Australia, where it has expanded its investments since establishing an office in Sydney in 2014.
Over this period, OMERS has invested and committed more than A$10bn in various sectors, including infrastructure, real estate, equities, and fixed income.
This total includes over A$4bn through OMERS Infrastructure and more than A$5.7bn in real estate assets—encompassing office, residential, and industrial properties—managed by Oxford Properties Group.
OMERS president and CEO Blake Hutcheson reflected on the past decade, noting, “Over the past decade we have built and expanded our portfolio in Australia by investing in a diverse array of high-quality assets across various sectors, including infrastructure, real estate, credit, and private equity.”
He added that OMERS’ Australian investments have played a role in the fund’s overall stability, supporting its commitment to over 628,000 members.
OMERS’ investment in Australian infrastructure has been marked by strategic projects across transportation hubs, energy networks, and public utilities. These assets contribute to Australia’s infrastructure landscape, emphasizing efficiency and functionality.
In real estate, Oxford Properties has pursued a portfolio that includes prime office, industrial, and residential properties in cities such as Sydney, Melbourne, and Brisbane.
Key developments include the ~1,400 new build-to-rent units under the Indi BTR platform and the Parkline Place commercial project in Sydney, expected to be completed later this year.
Sustainability remains integral to OMERS’ investment strategy. The fund has integrated sustainable practices across its Australian investments, contributing to the nation’s shift towards a low-carbon economy.
Christopher Curtain, senior managing director and head of Asia-Pacific for OMERS Infrastructure, highlighted OMERS’ presence in Australia, noting the team's commitment and support from colleagues worldwide.
He remarked, “OMERS has established a strong and dynamic presence in Australia.” Curtain expressed optimism about the future, stating that OMERS is eager to continue its “journey of growth, innovation, and sustainability in this vibrant market.”
Alec Harper, head of Australia for Oxford Properties Group, emphasized the role of local partnerships and team dedication in their Australian success, stating, “Our success in Australia is a testament to the strength of our local partnerships and the dedication of our team.”
Harper added that their efforts have been focused on creating value for stakeholders and contributing positively to the communities where they operate.
Earlier this month, OMERS Finance Trust (OFT) completed its first Australian dollar bond issuance, securing A$750m in a 5-year note. This offering marks a milestone for OFT’s presence in Australia.
Australia ranks as OMERS’ fifth largest investment market.