Announced
Completed
Synopsis
AustralianSuper and HESTA-backed Assemble Communities, a company that specializes in providing sustainable and community-centered housing projects, completed the merger with Super Housing Partnerships, a company specializing in affordable housing investment management. Financial terms were not disclosed. "The merger between Super Housing Partnerships and Assemble underscores our commitment to addressing the housing crisis. Backed by two of the nation’s largest industry superannuation funds, we are able to scale up the various innovative housing models we have developed over a number of years, and in doing so, provide stable, long-term returns for our investors and their members while offering much-needed housing options for Australians," Kris Daff, Assemble Managing Director.
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