ISPT

Our retail centres have been spreading kindness across the globe this festive season, connecting our customers with their loved ones far and wide this Christmas.  In a new initiative designed to give back to our local communities, our retail centres across the country have been busy creating Merry Mailboxes, inviting customers to write a complimentary ‘My Kind of Christmas’ postcard before having it sent on their behalf. So far, we’re on track to send over 13,000 postcards - many reaching overseas mailboxes - proving an old-fashioned note never goes out of style! Through our Gifts of Kindness campaign, we’re also aiming to donate over 10,000 gifts and non-perishable food items to support those in need this Christmas. As our centres head into the busiest week of trade for the year, our Head of Portfolio (Retail) Sam Curry reflected on the important role ISPT shopping centres play in the local community. “During December, our centres welcome over 11 million visits across the country, as customers flock in-store for gift shopping and all their Christmas menu needs. These community initiatives are just some of the ways we’re working to give back to our customers and local communities this Christmas.” #retail #customerexperience #community #property #givingback #socialimpact Michelle Rowse Gabriella Bowman Kylie Gordon

We’re pleased to congratulate Darren Steinberg on being appointed Chair of IFM Investors' new Real Estate Investment Committee.   Chris Chapple, Global Head of Real Estate for IFM Investors said: “Darren’s appointment is a strong recognition of ISPT’s long-term track record and our ambitions for the future. I look forward to working closely with Darren as we continue to build our portfolio.”    "Darren Steinberg's experience and leadership will be an asset to IFM and ISPT as we bring real estate onto the IFM platform and work to deliver for our clients and the millions of working people they represent,” announced IFM Investors Chief Executive, David Neal.   Darren Steinberg commented, “I look forward to working with Chris and the IFM team as we work to deliver superior investment returns for our investors over the coming years”. #realestate #property #propertyinvestment #fundsmanagement

LATEST NEWS | We are pleased to announce that as of today, ISPT has joined global private markets manager IFM Investors. This exciting development strengthens our ability to deliver on our growth ambitions and create even greater value for our clients, partners, and stakeholders. It also enhances IFM Investors’ global private markets leadership, adding a fifth asset class to the platform. ISPT and IFM Investors have a large common shareholder base with a shared commitment to building the long-term retirement savings of working people. We are also pleased to announce ISPT Chief Executive Officer, Chris Chapple, has been appointed as IFM Investors Global Head of Real Estate and will lead IFM’s real estate strategy.  For the time being, there will be no significant changes to the day-to-day operations of IFM Investors and ISPT with the full integration of the businesses occurring gradually. Cath Bowtell, IFM Investors Chair: "Bringing together two organisations that share common history, ownership and purpose will strengthen our capabilities, investment offering and our capacity to deliver for the retirement savings of millions of working people." David Neal, IFM Investors CEO: “We are pleased to bring ISPT’s offering into IFM’s platform. Combining our capabilities, talent, and experience will be a huge boost to our combined growth strategies.” Chris Chapple, IFM Investors Global Head of Real Estate: “Bringing ISPT’s real estate capabilities together with IFM Investors’ broad global reach and deep investment experience will allow us to continue delivering exceptional outcomes for our clients, partners and stakeholders.” Read more: https://lnkd.in/gcFQFKNc

We’ve made significant progress towards our goal to power a low carbon future one rooftop at a time, with another five major solar panel installations completed across our portfolio as part of our National Solar PV Project initiative. These rooftop installations at our retail centres Waurn Ponds, Warners Bay, Gungahlin Village, Fletcher Village and Nundah Village, are the latest in our portfolio of over 50 office and retail assets now generating clean and cost-effective energy every day while saving thousands of CO2 emissions in the process. As a result, we have so far saved our tenant partners over $1.5 million in electricity costs and over 12,000+ tonnes of CO2 per year - equivalent to avoiding over 6,000 tonnes of coal burned on an annual basis. It’s all part of our ESG focus to lead with ambition and create better futures. Find out more on our Solar PV progress: https://lnkd.in/gh6k8mKp Garry Hendrix Steven Peters

We’ve been shining a light on the impact of gender-based violence these past 16 days as part of this year’s #16DaysofActivism, to support women to feel safe, everywhere and always. As an active member of the Property Council of Australia and Champions of Change Coalition, our teams have been raising awareness by: ▪️ Encouraging our office communities to donate unused phones on behalf of DV Safe Phone via dedicated collection boxes in our office foyers ▪️ Donating the proceeds from the weekly flower auctions within our office buildings to DV Safe Phone, to continue their work to support those in need ▪️ Joined 6,000 of our industry peers to hear the Property Council of Australia’s Tools Down live stream with former Australian sex discrimination Commissioner Elizabeth Broderick, listening to important stories on the impact of domestic and family violence and the role the workplace plays ▪️ Joined over 70 buildings across the country last night by lighting up a selection of our assets in orange to raise ongoing awareness on the impact gender-based violence has globally, and  ▪️ Reminded our people of our enhanced leave entitlements that provide unlimited access to Domestic and Family Violence Leave should they need it. This action coincides with our support for the release of the Champions of Change Coalition’s 2024 Impact Report which is committed to accelerating inclusive gender equality in the workplace. The Impact Report details progress, challenges, and innovative strategies to create safe and inclusive workplaces that benefit all employees and the broader community, so people everywhere feel seen, heard and respected. Find out more on the 2024 Impact Report: https://lnkd.in/guWKJNyP #12DaysofActivism #genderbasedviolence #safeeverywherealways #socialimpact

AWARD NEWS | We are thrilled to congratulate our Chief Human Resources Officer, Hazel Thurlow, who has been awarded HR Leader of the Year at this year’s prestigious Australian HR Institute (AHRI) Awards. This award recognises the most senior human resources or people function leader in an organisation who demonstrates active leadership by achieving positive, sustainable outcomes for their organisation and the profession through outstanding capability and behaviours. This recognition of Hazel's leadership is a testament to her hard work and ongoing commitment to fostering a positive, dynamic workplace, and is an achievement we share with everyone across our business who make ISPT such a fantastic place to work. “At ISPT our DNA is all about being bold and brave, playing to win and loving what we do. It has been my absolute pleasure to lead our people in bringing our DNA to life each and every day, who are in turn creating better futures for our investors, partners and communities,” commented Hazel Thurlow. Thank you Australian HR Institute (AHRI) for this valued recognition and congratulations Hazel! #leadership #peopleandculture #ahri

Visiting our retail centres became even more convenient this week, with the first state-of-the-art electric vehicle (EV) chargers launching at Barkly Square yesterday, ahead of a selected national rollout. Our strategic partnership with AmpCharge, Ampol’s EV charging business, provides a convenient energy solution for the growing number of EV users throughout our retail network, enhancing the customer experience and supporting ISPT’s commitment to sustainability and innovation. Barkly Square represents Ampol’s first installation of AmpCharge EV chargers at a shopping centre location in Victoria, allowing customers the ease and convenience to recharge while they shop. Our partnership will encompass more than 15 ISPT retail centres, with further locations to follow.  “Delivering innovative solutions to elevate our customer experience is a key objective across our retail portfolio,” said Head of Portfolio (Retail) Sam Curry.    “We are proud to support the growing adoption of electric vehicles through this strategic partnership with Ampol, which aligns with our ESG strategy to reduce carbon emissions and promote the use of clean energy.”  #esg #evcharging #cleanenergy #betterfutures #ampcharge #customerexperience #sustainability #innovation #ISPTCoreFund Sam Curry Jay Norden Garry Hendrix Michelle Rowse Elicia Hill Muhammad Khan Brendan Waldron Patrick Flynn Quinton Gleeson Mark Ayers kate wicks Leigh Dunn Fiona Grogan Angie Cahill Nick Lannen Catherine Polley Gabriella Bowman Kylie Gordon Steven Peters Amanda Steele

ACQUISITION NEWS | We’re pleased to announce the acquisition of prime retail asset Woolworths Clarkson in Western Australia, a recently revitalised neighbourhood shopping centre totalling 6,466 sqm GLA. This strategic addition through our IRAPT fund aligns with our strategy to reinvest capital into high-quality neighbourhood centres focused on non-discretionary retail, located within key geographic trade areas. IRAPT Fund Manager Kate Mathewson commented: “This acquisition aligns with IRAPT’s long-term growth objectives to strengthen our portfolio with resilient, income-generating properties that are poised for sustained success.” Read more: https://lnkd.in/gzHRMf3q #acquisition #woolworths #retail #property #propertyinvestment #IRAPT Kate Mathewson Gene Madge Michael Nguyen Andrew Pollard Tara Sutherland Doug Cain Amanda Steele Sam Curry Chris Chapple Will Walker

DEVELOPMENT NEWS | We’re pleased to announce that alongside our mandate partner Australian Retirement Trust, we have acquired a site from St John’s College at the University of Sydney to develop a $585 million Healthcare and Life Sciences Hub. The 6,000sqm site is positioned between Royal Prince Alfred Hospital and the University of Sydney within the Camperdown Health, Education and Research Precinct (CHERP). CHERP is developing rapidly and will foster growth and economic development, innovation, and ultimately, create new and stronger partnerships across some of Australia’s leading medical institutions and organisations.  The acquisition is the third major development in our Healthcare and Life Sciences portfolio, which is now valued at $1.4 billion, unlocking opportunities to meet aging population demands and provide bespoke investment opportunities for our mandate partners. Our Head of Development, Healthcare, Life Sciences and Education Jason Lourensz commented, "The site’s location in the Camperdown Health, Education and Research Precinct is highly advantageous as the precinct comprises other significant public and private health services, education facilities and research centres. The last few years have demonstrated why world-leading healthcare, research and pharmaceutical spaces are an absolute necessity, underpinning our desire to deliver more state-of-the-art healthcare facilities." ART Senior Portfolio Manager – Head of Real Estate, Mark Lee, CFA, GAICD commented, "Australian Retirement Trust’s co-investment with ISPT in the new Camperdown Healthcare and Life Sciences Hub adds to the Fund’s existing suite of investments in the healthcare sector. We are confident it will provide dual benefits in the form of strong returns for our members and enhancing the health and wellbeing of the Sydney community.”   Professor Robyn Ward, Executive Dean Medicine and Health at The University of Sydney commented, “The proposed development of St John’s College’s land will enrich our medical science student experience, providing specialised placement opportunities that will nurture the minds of our future medicine and health leaders.” Read more: https://lnkd.in/gQnSgRHm #healthcare #lifesciences #property #propertydevelopment #ISPTCoreFund Chris Chapple Doug Cain Will Walker Amanda Steele Robert Pepicelli Jason Lourensz Andrew Nicol Brett Williams Andrew Fellowes Lachlan Adams Harry Middleton

Modern slavery continues to be a pressing issue both in Australia and globally. As one of Australia’s largest property businesses, we are committed to taking steps to prevent and address any potential involvement of modern slavery in our operations and supply chain, as an extension of our ‘do no harm’ investment and operating philosophy. Our fifth Modern Slavery Statement reflects on the substantial progress made during FY2024 – key highlights include:  ▪️ Conducting deep dive supplier collaborations with our security contractors ▪️ Conducting a pilot study across the direct and indirect supply chain for one of our NSW industrial developments  ▪️ Reviewing the effectiveness of our whistle-blower mechanisms ▪️ Achieving an industry first Gold Portfolio Rating from the Cleaning Accountability Framework (CAF) and ▪️ Commencing work to identify modern slavery risks associated with our retail tenant partners.  See the full statement and learn more about our progress: https://lnkd.in/gxg7UVwT #esg #modernslavery #responsibleinvesting Nico Grau Molina Steven Peters Melissa Foley Matthew Round Nick Kennett Jennifer Amy Natalie Todaro Pillar Two PCA Modern Slavery Working Group Cleaning Accountability Framework (CAF) Miriam Thompson Ashley King Vanessa Zimmerman Sarah McGrath Francesca Muskovic Robin Mellon