After two-year search, PFA's Indian property dream vaporizes

It should be possible to make great returns from real estate in a country of 1.5 million people. However, that dream has now vanished for Denmark's PFA. In the end, it was the Indian currency that forced the pension provider to mothball its plan for success in the Asian country, the firm's head of property tells AMWatch's siter site EjendomsWatch.

Michael Bruhn, head of real estate at PFA. | Photo: PR

by SACHA SENNOV

Copenhagen-based pension provider PFA spent two years trying to find viable real estate investments in India.

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After two-year search, PFA's Indian property dream vaporizes

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Front page now

Finnish pension giant is increasing risk "significantly" to grow returns

AkademikerPension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

Asset managers rebuffed as EU cracks down on use of ‘ESG’

Further reading

Alecta’s CEO rejects controversial Heimstaden investment

Swedish agency's new comms head will engage with fund managers

Only one Nordic fund market increased its AUM in August

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Major PE investor considers divesting Finnish healthcare giant

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