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PFA turns to Sweden to develop its real estate portfolio

PFA enters the Swedish real estate market with the establishment of a new collaboration, which will lead to hundreds of properties. According to PFA's Real Estate Director Michael Bruhn, the Swedish focus is due to the Blackstone intervention earlier this year, which made investing in Danish properties less attractive.

PFA is establishing a collaboration in Sweden with a local real estate investor. | Photo: Lars Krabbe

Denmark's largest commercial pension investor PFA now turns to Sweden, where the pension company has entered into a collaboration with the Norwegian real estate investor Obligo Real Estate in starting up the project PFA Bostad, which will be acquiring properties on the other side of Øresund.

The plan is that the enterprise will have at least 500 apartments in the cities that the owners invest in.

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