Chasing returns, AP Pension plans to build private nursing homes

Super-low interest rates on government bonds are forcing pension funds to make more alternative investments as a way of securing a stable income in future years. Proving it is no exception, Denmark's AP Pension announces a focus on care homes for senior citizens.

AP Pension plans to build private nursing home in several towns in Denmark, says CEO Peter Olsson, AP Ejendomme. Foto: Kenneth Koustrup Lysbjerg. | Photo: Ritzau Scanpix/Kenneth Lysbjerg Koustrup

In partnership with Denmark's Deacon Homes, AP Pension is planning to build and operate private, independent nursing homes.

The first three partnership agreements with municipalities have been signed, and there are more in the pipeline. Senior homes are a focus area for the pension fund industry, however, AP Pension is frontrunner in care of the elderly.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch