Fiji Sun Wednesday 01 March Fiji National Provident Fund will renew its attempts to secure properties overseas. This was revealed by the fund’s board chairman Ajith Kodagoda on FBC’s 4 The Record programme.
The fund had previously attempted to invest in overseas properties but because of mismanagement and bad decisions under former control this did not eventuate.
The fund wants to buy properties where Fijian Government missions are housed. These would be investments that would ultimately benefit fund members.
While this may not be possible in all countries due to policies of host countries, the fund is exploring options of purchasing real estate in Australia, New Zealand, Brussels and London. Read more…