Pension funds warn against removing article 5.2 of the Danish act on housing regulation: "We'll have to take our investments elsewhere"

Removing the notorious article 5.2 will deteriorate the real estate market in Copenhagen, claim several pension funds. They consider looking for other investment opportunities.

PKA CEO Peter Damgaard Jensen. | Photo: Charlotte de la Fuente / Jyllands-Posten

A share of pension funds' real estate investments are in the notorious 5.2 properties. Should politicians decide to change the regulation, the urban development in Copenhagen may suffer, several pension company execs tell Danish daily Berlingske.

Several execs claim that not investing and renovating residential properties in the Copenhagen real estate market will lead to properties that are not modern in terms of climate change mitigation and more, PKA Chief Executive officer Peter Damgaard Jensen explains to the media.

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