PFA throws EUR 201 million into office development after Korean buyer jumps ship

Denmark's largest commercial pension fund can now include a number of high-rise units in the heart of The Hague in its enormous real estate portfolio. The 40-year old properties are mortgaged at 50 percent, the PFA property director tells EjendomsWatch.

Michael Bruhn, property director at PFA | Photo: PFA/PR

Just before Christmas, PFA succeeded in adding yet another overseas real estate investment worth over DKK 1bn to its portfolio.

The pension company has bought an office building in the heart of The Hague in Holland - the city that houses Europol, the U.N's International Court of Justice and other important democratic institutions.

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