Industry superfund HESTA confirms $19 million invested in TAS dementia ‘village’
A new direction for superfund investments? The Health Employees Superannuation Trust (HESTA) is investing $19 million in the Korongee village through its Social Impact Investment Trust in a partnership with the Not For Profit care provider Glenview...
A new direction for superfund investments?
The Health Employees Superannuation Trust (HESTA) is investing $19 million in the Korongee village through its Social Impact Investment Trust in a partnership with the Not For Profit care provider Glenview.
Designed by ThomsonAdsett, construction commenced last month. It will feature 12 eight-bedroom houses plus a café, supermarket, beauty salon and gardens.
Residents will walk around the village and shop at the supermarket.
The Social Impact Investment Trust aims to deliver an appropriate market-based financial return and measurable social impact.
