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Pension fund puts DKK 4 billion property portfolio out to tender

Pensam is apparently terminating its collaboration with Deas, writes Inside Business, citing tender documents.

Photo: Ritzau Scanpix/Torben Christensen

Pensam puts its property portfolio, worth around DKK 4 billion (about EUR 536 million), out to tender and in doing so, the Danish pension fund seems to be terminate its long-term cooperation Deas -- which is owned by private equity fund Montagu, according to news service Inside Business, citing tender documents in its possession.

According to Inside Business, Deas' rival newsec Datea and other players such as CEJ, Cobblestone, LEA Ejendomspartner and Focus Asset Management have submitted a tender encompassing 28 properties.

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