Queensland Investment Corporation

QIC (Queensland Investment Corporation) is a Government owned investment company owned by the Queensland Government. It was founded on 1 July 1991 pursuant to the Queensland Investment Corporation Act 1991 to serve the long-term investment responsibilities of the Queensland Government. As of 30 September 2008, the organisation converted from a statutory Government owned corporation (GOC) to a company GOC and was renamed QIC Limited (QIC). QIC has now grown into a leading long-term specialist manager in alternatives.

Assets
QIC has investments in both Australia and the United States. Most of its shopping mall investments are through a 49% shareholding in a joint venture with Forest City Enterprises. In 2017, QIC reached an agreement to buy Forest City's interest in six of FC's eleven mall investments and an option to buy four others, excluding Charleston Town Center Mall in Charleston, WV. Forest City's US shopping centre management operation would also transfer to QIC.

Amongst its investments are shareholdings in:

Australian retail

 * Bathurst City Shopping Centre
 * Canberra Centre
 * Castle Mall
 * Castle Towers
 * Domain Central
 * Eastland Shopping Centre
 * Grand Central Shopping Centre
 * Hinkler Central
 * Logan Hyperdome
 * Noosa Civic
 * Pacific Epping
 * Pacific Werribee
 * Robina Town Centre
 * Watergardens Town Centre
 * Westfield Coomera
 * Westpoint Blacktown

United States retail

 * Antelope Valley Mall
 * Ballston Common Mall
 * Galleria at Sunset
 * Ridge Hill Mall
 * Shops at Wiregrass
 * Short Pump Town Center
 * South Bay Galleria
 * The Mall at Robinson
 * The Promenade In Temecula
 * The Shops at Tanforan
 * Victoria Gardens
 * Westchester's Ridge Hill

Office buildings

 * Nauru House, Melbourne
 * 111 George Street, Brisbane
 * 91 Mary Street, Brisbane

Other

 * Brisbane Airport (25%)
 * Hobart Airport (35%)
 * North Australian Pastoral Company (80%)
 * NorthConnex (25%)
 * Port of Brisbane (27%)
 * Port of Melbourne
 * Powerco (58%)
 * Powering Australian Renewables Fund (PARF) (40%)
 * Thames Water (9%)
 * Queensland Future Fund
 * Virgin Australia Holdings (2%)
 * Westlink M7 (25%)
 * above ground development of Cross River Rail stations