Queensland Investment Corporation

Queensland Investment Corporation
Government owned corporation
Founded 1 July 1991
Headquarters Brisbane
$88.3 million (June 2016)
Owner Queensland Government
Website www.qic.com.au

The Queensland Investment Corporation (QIC) is a Government owned investment company owned by the Queensland Government. It was founded on 1 July 1991 pursuant to the Queensland Investment Corporation Act 1991.[1]

Assets

QIC has investments in both Australia and the United States. Most of its shopping mall investments are through a 49% shareholding in a joint venture with Forest City Enterprises.[2][3]

Amongst its investments are shareholdings in:[4][5][6][7]

References

  1. ↑ Queensland Investment Corporation Act 1991 Queensland Government
  2. ↑ QIC enters joint venture with Forest City to acquire US real estate portfolio Queensland Investment Corporation 4 June 2013
  3. ↑ Australia's QIC forms $2bn joint venture with Forest City IPE Real Estate 6 June 2013
  4. ↑ Australian Retail Assets Queensland Investment Corporation
  5. ↑ US Retail Assets Queensland Investment Corporation
  6. ↑ Office Assets Queensland Investment Corporation
  7. ↑ Direct Investments Queensland Investment Corporation
  8. ↑ QIC takes 80% stake in North Australian Pastoral Co Beef Central 6 May 2016
  9. ↑ Port of Melbourne lease sold to the Lonsdale consortium for $9.7 billion by Andrews Government ABC News 19 September 2016
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