British real estate manager eschews Copenhagen for other Nordic capitals

A Danish real estate market dominated by pension funds has prompted one British capital manager to steer clear of Copenhagen. The firm — which manages more than DKK 110 billion in real estate funds — prefers the other Nordic capitals, according to the asset manager's head of real estate research.

Photo: PR.

LONDON – New commercial and residential buildings are springing up all over town in Copenhagen, and Danish pension funds are the investors behind a significant amount of them. But it is precisely this dominance of the retirement savings institutions that has made British asset manager Schroders turn away from Copenhagen in favour of other Nordic capitals.

The heavy presence of the pension funds, together with the prospect of low returns, puts a damper on Schroders' interest in Danish real estate investments, says Mark Callender, Head of Real Estate Research at the firm.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

The ESG market is controlled by a few big investors

Finland's largest investor holds 62 percent of shares of multi-trillion ETFs offered by iShares and 64 percent of Xtrackers' equivalent offering. Having a few investors dominating ownership in this way is not good for the vehicles' liquidity and could be a big challenge facing the sector.

"We continue to see further growth in our Nordic book of business"

DECEMBER SERIES: What were the most important developments at some of the global asset managers present on the Nordic market in 2021, and what are their expectations for the coming year? AMWatch's December series is kicked off by Head of Nordics at State Street Global Advisors, Arnaud Bruyneel. 

Further reading

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch