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Danica's international real estate plans face tough competition: "We must politely decline a lot"

Executives at Danica Ejendomme hope to increase its international portfolio over the next few years. The long-term perspective limits the opportunities available, says CEO Michael Nielsen, explaining that the foreign investments pouring into Denmark are one reason the pension fund needs a more international focus.

Danica Ejendomme CEO Michael Nielsen | Photo: Danica Ejendomme/Fotograf Sara Gangsted

Danica Ejendomme's increased focus on international investments should result in a handful of international real estate assets soon.

CEO Michael Nielsen is not in a rush, but the "ideal situation", he tells AMWatch's sister media EjendomsWatch, is "that we have 4-5 investments in place within the next 2-3 years in what we call 'nearfield' foreign investments before we look further afield to Southern Europe - or the US, for that matter."

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