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Denmark's largest pension fund invests in AXA IM Real Assets fund

ATP now co-owns 70 logistics properties in countries including France, Germany and the Netherlands. The CEO expects a yearly return of over 5 percent.

Photo: Ivan Riordan Boll / Politiken / Ritzau Scanpix

One of Denmark's biggest real estate investors, ATP Ejendomme, has bought a share of 70 European logistics properties at a price of DKK 1.125 billion (EUR 147 million), the company reports in a press release.

ATP has invested in the fund AXA Logistics Europe Fund, which is managed by AXA IM Real Assets, the real assets arm of French-based AXA Investment Managers, but the press release does not state how big the ownership share is.

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