NZ Super bullish on Asian logistics

The New Zealand Superannuation Fund (NZ Super), a sovereign wealth fund (SWF) with NZ$60 billion ($40.5 billion) in assets under management (AUM), is eying property deals in a number of Asian markets, a spokesman for the fund told AsianInvestor. “We are bullish on logistics and specifically we like the market in Asia, which is fundamentally undersupplied with grade-A logistics units when compared to the US,” said Toby Selman, who is in charge of property investment strategy at the…