FINLAND - Aberdeen Property Investors Nordic AB has completed its deal with Finland's largest institutional property investor, Ilmarinen Mutual Pension Insurance Company, to acquire 60% of the shares in its property management company Antiloo-ppi Oy, which manages around 1.4m square metres of commercial Finnish property.
With this deal, API’s total assets in the Nordic region will be circa E5.3bn.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).