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Pension fund depreciates property portfolio by EUR 53.6 million due to regulatory change - may write off more

Pension fund P+ reported that it had written off EUR 53.6 million (DKK 400 million) of its real estate portfolio due to concerns about new legislation. The plan for the new regulations was revealed in January, and further depreciation may be a possibility, says CIO Mikkel Svenstrup, who is waiting for the final legislation.

Mikkel Svenstrup, CIO at P+. Photo: PR

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