‘Barings, one of the world’s leading investment managers, proudly celebrates today’s breaking ground at a transformative new A$400 million development in Waterloo, tipped to supply 400 apartments and potentially accommodate over 1,000 residents in Sydney’s CBD.

Located at 44–48 O’Dea Avenue, just north of Green Square in central Sydney, the project represents another step forward in addressing the city’s housing needs. This significant 1.7-hectare mixed-use development is a milestone which contributes to the ongoing transformation of the Green Square precinct into a vibrant, high-density urban community centre.

Barings will deliver this project as the investment, development and asset manager for Aware Super’s direct residential portfolio in Australia.

Baring’s groundbreaking ceremony was attended by NSW Premier, The Hon. Chris Minns MP and The Rt Hon Clover Moore AO, Lord Mayor of Sydney, as well as representatives from Aware Super, which acquired the site in September 2023, and DASCO Australia, the appointed construction partner.

DASCO Australia CEO Michel Najjar said: “We’re proud to bring our construction expertise to this landmark project and honoured to partner with Barings and Aware Super; a collaboration that reflects our shared commitment to quality, sustainability, and community impact.”

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