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After two-year search, PFA's Indian property dream vaporizes

It should be possible to make great returns from real estate in a country of 1.5 million people. However, that dream has now vanished for Denmark's PFA. In the end, it was the Indian currency that forced the pension provider to mothball its plan for success in the Asian country, the firm's head of property tells AMWatch's siter site EjendomsWatch.

Michael Bruhn, head of real estate at PFA. | Photo: PR

Copenhagen-based pension provider PFA spent two years trying to find viable real estate investments in India.

However, it is simply not feasible, Michael Bruhn, head of real estate at Denmark's largest commercial pension provider tells EjendomsWatch.

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