PKA dives into real estate

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DENMARK - Pensionskassernes Administration (PKA) has committed DKK400m (US$75m) to a real estate project in Manhattan, New York.

PKA will participate in the regeneration and subsequent rental of Peter Cooper Village/Stuyvesant Town, purchased in a joint venture between BlackRock and Tishman Speyer Properties for US$5.4bn a y...

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