Sweden's Alecta aims for 40 percent real estate assets boost
Already a major property investor, Sweden's largest pension company Alecta has no plans to rein in its ambitions. Chief executive Magnus Billing tells AMWatch sister-site EjendomsWatch which Nordic countries show potential, and why foreign real estate is better bought through funds and partners than.
With more than 2.3 million customers and almost DKK 600 billion (EUR 80 billion) under management, Swedish commercial pension company Alecta is Europe's fifth largest pension company. It is also one of Sweden's biggest property owners, and sees real estate not just as an alternative investment, but as one of the three pillars of the company's overall investment strategy on an equal footing with equities and bonds.
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