The Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investors, has committed a significant investment of up to A$800 million ($522.27 million) into the Aliro Group Industrial Vehicle (AGIV), providing the investment vehicle with substantial capacity for new acquisitions in the Australian industrial sector.
PSP Investments will partner with Aliro Group, an Australian property development, investment and funds management group, and joins the initial cornerstone investor into AGIV — the clients of CBRE Investment Management’s indirect private real estate strategy (CBRE IM Indirect). The transaction reinforces the appeal of AGIV’s high-quality portfolio and development pipeline and Aliro Group’s experience as an institutional manager of choice.
PSP Investments is an established global investor with net assets under management totaling C$299.7 billion ($219.12 million) as of March 31, 2025, and a strong presence in Australia
