AMWatch

PFA and Sampension invest DKK billions more in property

A difficult low interest rate environment has made Danish pension funds look towards the property sector for attractive returns. Denmark's two largest pension funds, PFA and Sampension, are going to invest billions in property.

The many billions of kroner in Danish pension savings must always be at work. In the present-day world of negative interest rates, pension funds are increasingly looking towards alternative investments, and property is a popular investment object.

PFA and Sampension, Denmark's two largest pension funds, have decided to put even more money towards real estate, writes Danish business daily Børsen.

Sampension is going to add DKK 7 billion (EUR 941 million) to the DKK 5 billion previously allocated to properties, and PFA expects its property portfolio to grow by DKK 13 billion before 2020.

"We will be increasing our property investments considerably, and much of it will be abroad. We already have a sizable property portfolio in Denmark," says Michael Bruhn, Executive Director of PFA Ejendomme, to Børsen.

English Edit: Marie Honoré

More from AMWatch

AMWatch finds new editor in own ranks

After four years as editor of AMWatch, Søren Rathlou Top is leaving the media for a press coordinator role. Anne Louise Houmann is taking over the reins.

ATP nears end point of historic restructuring

New opportunities to allocate more to riskier assets mean changes are being made at ATP. A restructuring of the central IT system has been the toughest nut to crack in the restructuring, which has been described as the most comprehensive change in the pension giant’s 60-year history.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch