Hesta to seek more A$500m affordable housing co-investment deals

Australian super fund Hesta is putting a A$500 million ($376 million) target on its next affordable housing co-investment deal as it continues to pursue sustainable development goals (SDGs), particularly on building sustainable cities. By investing in deals at scale with other institutional investors, Hesta is trying to make an impact on the community, as the amount of money could be huge for a certain marketplace, but not necessarily for super funds, said Hesta head of impact Mar…