Finance
Australia's Aware Super buys 31.3% stake in European Outlet Mall Venture Platform
Published by Global Banking and Finance Review
Posted on January 13, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 13, 2026
Jan 13 (Reuters) - Australian pension fund Aware Super said on Tuesday that it had bought a 31.3% stake in the European Outlet Mall Venture (EOMV) platform, which owns and operates four outlet centers worth 2.6 billion euros ($3.03 billion).
The A$210 billion ($140.83 billion) fund will be buying the platform stake from Allianz accounts managed by Pacific Investment Management Co (PIMCO).
($1 = 0.8580 euros)
($1 = 1.4912 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru; Editing by Rashmi Aich)
A pension fund is a type of investment fund that collects and invests money to provide retirement income for its members.
A stake in a company refers to the ownership interest that an individual or entity holds in that company, typically represented by shares.
An outlet mall is a shopping center that sells discounted goods directly from manufacturers, often featuring brand-name products.
Financial management involves planning, organizing, directing, and controlling the financial activities of an organization to achieve its financial goals.
Investment is the act of allocating resources, usually money, in order to generate income or profit over time.
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