PFA prefers outsourced property management, says real estate chief
Denmark's largest commercial pension fund PFA relies on major firms Newsec Datea and Deas to manage its commercial and residential properties. The decision to outsource, made several years ago, frees the inhouse leadership to focus on the areas of the business they are best at, the head of the company's real estate division tells EjendomsWatch, an AMWatch sister site.
Karen Manniche
Denmark's largest commercial pension fund, PFA, has hired external help to manage the DKK 24 billion (EUR 3.2 billion) Danish property portfolio, where the two biggest market players, Newsec Datea and Deas, respectively, manage the pension fund's commercial properties and residential properties.
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