Celebrating 30 years of investments
July 23, 2020
As TelstraSuper celebrates its 30th Anniversary, we look back at some of our favourite investments on behalf of members.
Bunnings (various locations)
Love a bit of DIY? You might be surprised to know that each time you visit your local Bunnings store you could also be visiting your super hard at work. TelstraSuper holds a number of Bunnings stores in its portfolio of investments. While we don’t invest in the business itself, we do own the land, car parks and buildings at various sites, receiving precious rental income from the retailer to help your super grow.
Barangaroo development (Sydney)
If you’re interested in sustainable investment, this one’s for you! TelstraSuper was a seed investor in Towers Two and Three at the Lendlease Barangaroo development in Sydney. The development saw the construction of premium grade office buildings that were built with a sustainability focus.
The successful project was awarded 6 stars from Green Star – Australia’s only national, voluntary rating system for buildings and communities. The Green Star system assesses and rates buildings against a range of environment impact categories such as management, indoor environment quality, energy, transport, innovation, water, materials, land use and ecology, and emissions.
The buildings also received an impressive 5 star NABERS accreditation which assesses energy (both with and without green power), carbon neutral, waste, water, and indoor environment.
Sherwood Bus Depot (Brisbane)
TelstraSuper also invests in critical infrastructure projects that help the community. If you’re a bus user in Brisbane you might regularly be benefiting from another TelstraSuper investment. In 2012 we funded the construction of the Sherwood Bus Depot.
This vital piece of infrastructure is used by Brisbane City Council to house and provide maintenance to a fleet of 200 buses. It’s proven to be such a good investment we’ve held onto it – still owning 100 per cent of it today.
Port of Melbourne (Victoria)
The Port of Melbourne is Australia’s largest container and general cargo port. It’s also one of the top four container ports in the Southern hemisphere. On average, the port handles around 3 million TEU (twenty-foot equivalent unit) annually and over 1,100 motor vehicles per day^.
TelstraSuper is one of a group of investors that own the Port of Melbourne, through pooled investment funds. So while we can’t help get your overseas shopping here any quicker, you can rest assured that you’re part of a great investment that’s delivering for members – all the while proving to be vital to trade relations between Australia and the world.
Woolworths’ Distribution Centre (Victoria)
If you’re in Victoria, your super could even be playing a key role in getting your regular grocery shopping done. TelstraSuper invested in the development - and ongoing ownership - of the Woolworths’ distribution centre at Truganina (Melbourne).
The multi-million state of the art facility stores and delivers fresh produce and chilled products to hundreds of Victorian supermarkets. The centre created around 300 permanent new jobs, plus could even lead to less traffic on Melbourne roads – with Woolworths estimating the centre taking up to 600 trucks off the West Gate Bridge each week and a further 3,000 truck movements off Melbourne roads each year*.
Airports (various locations globally)
If you’re a bit of a jet-setter you may have found yourself sitting amongst TelstraSuper investments without even realising it! In Australia alone we hold investment stakes in Melbourne Airport, Perth Airport, Hobart Airport and Cairns Airport. If you’re more interested in international travel, you can visit our investments at Gatwick Airport (UK), Billy Bishop Airport (Canada), and Brussels Airport (Belgium).
What option are you in?
You can learn about the TelstraSuper investment options available by visiting our investments page. To find out where your super is currently invested, log in to SuperOnline or call us on 1300 033 166.
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^https://www.portofmelbourne.com/about-us/trade-statistics/