PFA throws EUR 201 million into office development after Korean buyer jumps ship

Denmark's largest commercial pension fund can now include a number of high-rise units in the heart of The Hague in its enormous real estate portfolio. The 40-year old properties are mortgaged at 50 percent, the PFA property director tells EjendomsWatch.

Michael Bruhn, property director at PFA | Photo: PFA/PR

by SACHA SENNOV

Just before Christmas, PFA succeeded in adding yet another overseas real estate investment worth over DKK 1bn to its portfolio.

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PFA throws EUR 201 million into office development after Korean buyer jumps ship

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EUR 1.3 billion is not enough - PFA head is ready to buy more in logistics

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager