Real estate mandate changes manager to have "fresh eyes on the properties"
Fokus Nordic is losing the mandate for the Commercial Real Estate Denmark fund to Rubik Properties. Several Danish pension funds are among investors in the EUR 1bn portfolio.
It is a significant portfolio that Rubik Properties will start managing at the turn of the year: the Commercial Real Estate Denmark (CRED) fund contains 31 properties with a total value of approximately DKK 7.5bn (EUR 1bn) and an area of 427,000 square meters.
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