Danish funds collaborate on real estate venture

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DENMARK - Five major Danish pension funds have joined forces to create the "Danish Real Estate Club" - a new investment vehicle targeting the European indirect real estate market.

The funds, which include PKA A/S, Pen Sam Liv, Kommunernes Pensionsforsikring A/S, PFA Invest International A/S and Finanssektorens Pensionskasse, plan to invest up to e250m a year in European indi...

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