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PFA co-invests with Patrizia and Poba to buy EUR 1.3bn logistics portfolio

The pension firm hits the ground running in a new investment collaboration with the purchase of a European billion-euro portfolio consisting of 42 logistics properties. The deal is PFA's biggest single investment in logistics ever, PFA Head of Real Estate Michael Bruhn says to EjendomsWatch.

Gyeong Ho Han, CEO of Poba, and Allan Polack, CEO of PFA, signed an investment collaboration agreement in October.

The Danish pension fund PFA's money seems to be burning a hole in its pocket at the moment - and there's plenty more where that came from, Michael Bruhn insinuates.

The investor bought a billion-euro portfolio of logistics properties in collaboration with the South Korean pension fund The Public Official Benefit Association (POBA) and the German property investor Patrizia.

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