PFA boosts RE portfolio following EUR 455 million investment in France

The Danish pension fund has been shopping in France - to the tune of 1,300 homes for the elderly, a Parisian palace and a handful of logistics properties. This brings its total real estate investments abroad to around DKK 35 billion (EUR 4.7 billion), PFA director tells EjendomsWatch.

PFA's property director Michael Bruhn has just got home from a business trip to France, where he has signed property investment deals worth EUR 455 million. | Photo: Stine Bidstrup / Jyllands-Posten

PFA is completing its first direct property investments in France.

This is through three investments reaching a total of DKK 3.4 million (EUR 455 million), which is the largest amount PFA has invested abroad since the company spent over DKK 5 billion (EUR 669 million) in Germany in 2018.

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