AMWatch

ATP hid plan to reduce global real estate exposure: "We prefer a 'quiet' exit'"

ATP hid its plans to sell from billion-figure real estate portfolio. The pension fund didn't want to "draw headlines" because of the sell-off, which is due to "new winds" blowing from Hillerød –  the main seat of ATP. The CEO believes he clarified that selling was an option.

One of Europe's largest pension funds, ATP, has been working towards reducing its global RE portfolio for months. | Photo: PR / ATP

ATP Real Estate (ATP RE) has recently lead a quiet existence, as the fund has discretely worked towards bringing down its billion-figure assets in global properties – a story that EjendomsWatch revealed last week.

Now EjendomsWatch can document, on the basis of internal mail correspondences between top people, that ATP's plans to sell have long been underway as a deliberate strategy meant to go under the radar.

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