Head of PFA's real estate arm after billion kroner deal: "Properties like these don't have a lot of risk"

PFA tosses DKK 1.9bn at German real estate. Two years ago, the pension investor had a rent dispute with German lease-holders, which attracted a lot of attention. This event, however, has not scared off PFA, according to its executive director.

Photo: Stine Bidstrup/ERH

Two years ago, PFA bought a German real estate portfolio with 3,700 properties worth DKK 6.6bn (USD 1.1bn), but not everything went as expected.

In Munich, in Southern Germany, the state made use of its right to first option and bought back 300 properties, whereas Berlin had demonstrations against PFA, because tenants were worried the rent prices would skyrocket. Eventually, PFA had to give up two properties.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Nasdaq reports record year in Europe

In 2021, the number of new equity listings on the Nasdaq exchange in Copenhagen broke the old record set in 2007, and in Stockholm, the exchange recorded its highest-ever number of new listings. Nasdaq also had increasing trading volumes last year.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch