UniSuper invests in $600 million state-of-the-art health, education and research hub
An artist’s impression of the UNSW facility. Image credit: UNSW
When great minds thrive, everyone wins.
We’re proud to be an investor in the consortium partnering with UNSW to develop a state-of-the-art health, education and research hub. It will become part of the UNSW’s Health and Innovation Precinct in Sydney’s Randwick.
It adds to our $6 billion direct property portfolio, helping to deliver great returns for our members over the long term.
The 15-level building will host exceptional facilities, enabling UNSW to continue to offer world class education and research to benefit all Australians.
It will target significant sustainable objectives that include a 6-Star Green Star Rating, net zero carbon emissions, full electrification, 100% renewable energy, PV solar installation and a minimum 5.5 Star NABERS Energy rating.
Our property portfolio has a strong sustainability focus—100% of our wholly owned direct property portfolio is carbon neutral.
We invest in a mix of high-quality investments supporting communities around Australia. That means office buildings, shopping centres, or buildings like the Victorian Comprehensive Cancer Centre – another world-class facility – built for cancer research, treatment, care and education.
UniSuper has a strong cash position, and we continue to be on the lookout for quality investments that help our members grow their retirement savings. We’re confident that not only will this provide a great return for our members, but it will also pay dividends in research outcomes for many years. This is a natural fit for UniSuper given our rich heritage in the higher education and research sector, and we can’t wait to see this facility come to life.
Fun fact - What is a 6-Star Green Star rating?
It's an industry rating from Green Building Council of Australia which reflects excellence and best practice. It’s reserved for highly energy efficient buildings that address environmental and social issues and contribute to the community. For example, the design of the building needs to consider environmental issues such as carbon, water and the impact of materials. It must also promote the physical and mental health and wellbeing of its occupants, as well as encourage a connection between people and nature.