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Waterfront Brisbane donation supports women escaping domestic violence

Waterfront Brisbane

Artist's impression of Waterfront Brisbane

15 July 2024

A donation of kitchen equipment and furniture from former venues in the now deconstructed Eagle Street Pier complex has helped Peggy’s Place, a new facility in Brisbane for women escaping domestic violence, begin its mission to help residents reclaim their lives.

Under the donation from Dexus, the co-owner and developer behind Waterfront Brisbane, commercial kitchen equipment, dining tables, chairs, light fittings, and artwork from former hospitality operations at Eagle Street Pier were given to Peggy’s Place.
 
Brighter Super is one of the investment partners, with a $130 million stake, in the flagship Dexus Wholesale Property Fund, which is the co-owner of the Waterfront Place Precinct with Dexus. 

Brighter Super a 100% member-owned super fund in Queensland manages over $32 billion in retirement savings for 230,000 members (as at 31 March 2024).  More than three quarters (77%) of Brighter Super’s members live in Queensland. 

Brighter Super CEO Kate Farrar said: “Our investments in Queensland support local jobs, empower local communities, and strengthen the Queensland economy.” 

In May, Ms Farrar announced Brighter Super would invest $500 million in new Queensland assets, adding to the $1 billion it already holds in the state, as part of its commitment to supporting Queensland where the vast majority of its members live and work.

As part of the Queensland Investment Strategy, Brighter Super is assessing new investments in infrastructure, including energy and renewables, housing, property and agriculture.

“We are focused on growing Queensland as we deliver great returns year on year to our members,’’ Ms Farrar said.

Peggy’s Place founder Peggy Flannery said nine furniture removal vans full of equipment were donated to the facility from the development site.

peggys place brisbane

Peggy's Place

 

“It has saved us so much outlay in terms of financial cost,’’ Ms Flannery said. “We are just in start-up mode at the moment, so it has really helped us get going.’’


She said the donation had allowed Peggy’s Place to furnish its main dining room and the plates, crockery, pots and pans, blinds, curtains, and lounges had made the facility “feel more homely’’.
 
Peggy’s Place, when fully operational, will cater for up to 34 women and 45 children, including a separate wing for women aged over 55 who are unable to access emergency domestic violence shelters as they have no children living with them.

Ms Flannery said Peggy’s Place would provide counselling for women and children as well as facilitating training to help residents get back into the workforce and reclaim their lives. Residents can stay up to 12 months.

Waterfront Brisbane Project Director Matt Beasley said the donation was an opportunity to support one of Queensland’s largest shelters for women and children fleeing domestic violence. 
 
“It was a unique opportunity to repurpose high-quality kitchen equipment and other goods, that would have otherwise become construction waste, to an organisation on the frontline of supporting domestic violence victims,’’ Mr Beasley said. 
  
Brighter Super Head of Private Equity and Real Assets Marco Faraone said the fund was proud to be an investor with Dexus and to support its philanthropic and circular economy initiatives which were in line with its Environmental, Social and Governance (ESG) policies. 
 
Dexus is one of Australia’s leading fully integrated real asset groups. 

 

LGIAsuper Trustee (ABN 94 085 088 484) (AFSL 230511) (the Trustee) as trustee for LGIAsuper (ABN 23 053 121 564) (RSE R1000160) (the Fund) trading as Brighter Super. Brighter Super products are issued by the Trustee on behalf of the Fund. Brighter Super may refer to the Trustee or LGIAsuper as the context may be. This article may contain general advice which does not take into account your individual objectives, financial situation or needs. As such, you should consider whether it is appropriate in light of your own objectives, financial situation and needs prior to making any decision. You should consult a licensed financial advisor if you require advice which does take into account your personal financial circumstances. You should also obtain and consider the Product Disclosure Statement (PDS) before making any decision to acquire any products. A Target Market Determination (TMD) is a document that outlines the target market a product has been designed for. Find the PDSs and TMDs at brightersuper.com.au/governance.

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