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Westralia Plaza is one of three CBD office towers ICWA is selling.

ICWA to offload $800m property portfolio

The Insurance Commission of Western Australia is moving out of direct property investment, placing an $800 million portfolio on the market that includes three CBD office buildings and two suburban shopping centres.

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Assets under management or net assets ($m)

1st-GESB$21,000.0m
2nd↑PeetNFP
3rd-Insurance Commission of WA$4,500.0m
4th-WA Super$2,162.0m
5th-BWP Trust$1,837.0m
54 fund managers ranked by assets under management or net assets

Total revenue

6th-Western Australian Treasury Corporation$1.54bn
7th-Lotterywest$885.2m
8th-Insurance Commission of WA$686.7m
9th-Horizon Power$492.5m
10th↑Pilbara Ports Authority$422.6m
29 state government businesses ranked by total revenue - this year

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