AMWatch

Sweetheart pension fund pair plan to boost joint real estate unit

A new strategy for the closely-cooperating pension funds Dip and Jøp is to boost their real estate investments. The plan is to be put into action as soon as possible, with DKK 6 billion (EUR 800 million) earmarked for new property investments in Denmark, CIO Mikkel Svenstrup tells AMWatch's sister site EjendomsWatch.

"We're pleased with the strategy of taking bigger bites than previously," says Mikkel Svenstrup, CIO at pension funds Dip and Jøp.

More real estate; more investments, and perhaps -- project development.

The two Danish sweetheart pension funds Dip and Jøp have agreed to merge and boost their real estate investments very soon, according to Mikkel Svenstrup, the CIO of both funds.

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