Pension

Head of PFA's real estate arm after billion kroner deal: "Properties like these don't have a lot of risk"

PFA tosses DKK 1.9bn at German real estate. Two years ago, the pension investor had a rent dispute with German lease-holders, which attracted a lot of attention. This event, however, has not scared off PFA, according to its executive director.
Photo: Stine Bidstrup/ERH
Photo: Stine Bidstrup/ERH
BY MATHIAS BLÆDEL LORENZEN

Two years ago, PFA bought a German real estate portfolio with 3,700 properties worth DKK 6.6bn (USD 1.1bn), but not everything went as expected.

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