Cbus Property is a wholly owned entity of United Super and is responsible for the development and management of a portfolio of Cbus Super's property investments in the commercial office, residential and retail sectors.
Cbus Property believes it has one of Australia’s highest-quality office investment portfolios, characterised by modern, premium quality assets, a strong-weighted average lease expiry (WALE) profile, and a high proportion of government tenants.
Cbus Property has also built a legacy of developing office, retail and residential buildings to the highest sustainability standards, delivering positive environmental, social and economic outcomes. In an ever-evolving approach to sustainability, Cbus Property is aspiring to develop and manage the most sustainable buildings in Australia, if not the world.
Importantly, Cbus Property’s investments in residential and commercial construction has delivered strong long-term returns for our members while simultaneously adding value to the economy and creating employment opportunities for members across a range of industries.
Explaining WALE
In simple terms, the WALE provides insight into the length of the average tenant lease in a property. It also takes into account the relative size of each lease, so a large lease has a greater impact on the overall WALE than a smaller one.

100,000+ jobs created since inception1

12.9% average annual return since inception2
An expanding and evolving asset base
As at 30 June 2024, Cbus Property’s portfolio exceeded $6.6 billion with a further $4.8 billion of development work ‘in hand’ making it one of Australia’s leading integrated property investors and developers. But did you know?

850+ new residential units are currently under construction

154,000 square metres of lettable commercial office space is currently under development

83% of office tenants, by income, are government, ASX 200-listed companies, or major legal firms

Cbus Property retail investments have approx. 31 million customer visits annually

Current office investments include 416,000 net lettable area (sqm)

8.4 years weighted average lease expiry across the office portfolio

Current retail investments include 287,000 gross retail lettable area (sqm)
Cbus Property sustainability credentials

Recognised as a sustainability leader in the 2024 NABERS Sustainable Portfolios Index (SPI) for the fourth consecutive year

Achieved net zero operational carbon for all office buildings in 2022, verified by Climate Active
Cbus Property buildings and projects span the nation, with projects including:

435 Bourke Street, Melbourne

185 Wharf Street, Brisbane
1 Estimated jobs since 2006 to June 2024 based on inductions for completed and committed developments.
2 Since inception in 2006 to 30 June 2024. 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 returns form part of the crediting rates allocated to accounts invested in these options. Past performance is not a reliable indicator of future performance.