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Investment Updates

Investment Updates•31 March, 2026

Our investment in your community and workplace

447 Collins Street 6 4

How we’re creating jobs and stronger communities for you

Cbus Property1 is a wholly-owned entity of the Fund and has one of Australia’s highest-quality office and retail portfolios.

The office buildings are modern, premium quality, with long-term leases and a strong base of government tenants. A circa 60,000-square-metre next-generation office tower is currently under development at 435 Bourke Street in Melbourne’s CBD. It is also expected to generate 3,500 jobs during construction.

Cbus Property also jointly owns two top 152 retail shopping centres, Pacific Fair Shopping Centre, Broadbeach Waters and Macquarie Centre, North Ryde.

Its current residential developments include 111 Castlereagh in Sydney’s CBD, 185 Wharf St in the Brisbane CBD suburb of Spring Hill and 437 St Kilda Road in Melbourne.

435 Bourke St 5 4

An artist's impression of 435 Bourke Street

What does this mean for your super?

Since 2006, Cbus Property has delivered strong investment returns of 12.54% p.a. It has also created more than 100,000 employment opportunities for our members.3

Investing in our own backyard

Their portfolio is valued at more than $7.8 billion, with a further $3.4 billion property development underway.4

Cbus Property by numbers

  • Office investments

    • $4.3B gross value
    • 507,064 lettable area (sqm)
    • 12 assets

  • Retail investments

    • $1.9B gross value
    • 287,844 gross lettable area (sqm)
    • 3 assets

  • Office developments

    • $1.1B completion value
    • 64,615 net lettable area (sqm)
    • 1 project

  • Residential developments

    • $2.3B completion value
    • 898 units
    • 6 projects

Sustainability credentials: helping the environment

Net zero operational carbon achieved

Cbus Property achieved net zero operational carbon for its office portfolio in 2022, well ahead of its 2030 target. This has more recently been extended to its shopping centres, with all certified using the Climate Active Carbon Neutral Standard for Buildings.

“These efforts demonstrate that sustainable, next-generation workplaces are no longer aspirational. They are becoming the standard across our portfolio, encouraging others to pursue higher benchmarks.”

Adrian Pozzo, Chief Executive Officer, Cbus Property

Recognised as a leader in the 2025 NABERS Sustainable Portfolios Index

The NABERS SPI offers a unique, whole-of-portfolio view of actual performance across energy efficiency, water efficiency, waste management, indoor environment quality and carbon neutrality. Cbus Property has maintained high rankings for energy, indoor environment and waste performance for five consecutive years.

Current Cbus Property projects

1 Cbus Property Pty Ltd is a wholly-owned entity of United Super Pty Ltd and is responsible for the development and management of a portfolio of Cbus Super's property investments.
2 Shopping Centre News ‘2025 Big Guns’ list.
3 Since inception in 2006 to 30 June 2025. Cbus Property investments are part of the property asset class in the High Growth, Growth Plus, Growth, Conservative Growth, Conservative and Property investment options, and these investment returns form part of the crediting rates allocated to accounts invested in these investment options. Media Super merged with Cbus on 9 April 2022 and as a result, pre-existing Media Super investment options were closed and Media Super members were transferred to equivalent Media Super branded investment options under United Super Pty Ltd. The historical performance displayed prior to this date relates to Cbus investment options and does not incorporate the performance of Media Super. Media Super members received a Successor Fund Transfer Exit Statement prior to merging with Cbus, detailing the performance of their Media Super investment options. Past performance is not a reliable indicator of future performance. Cbus Property has created over 100,000 estimated jobs since 2006 to 30 June 2025 based on inductions for completed and committed developments.
4 As at 30 June 2025