Funds snap up Nordea's Danish properties

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DENMARK - Nordea Bank has taken another step to reduce its real estate exposure by selling most of its remaining properties in Denmark to a consortium of investors.

PensionDanmark, Lægernes Pensionskasse and Nordea Pension have acquired the portfolio for e233m. Nordea Pension is expected to buy further properties for e40m. The disposal is part of Nordea G...

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