02.06.2009 - Dutch pension fund BPF Bouw alters real estate strategy
From IPE: BPF Bouw, the €24.2bn pension fund for the Dutch building industry, plans to increase the size of its global indirect real estate portfolio but in doing so will aim for a greater weighting to European markets and core investments with little or no leverage. The pension fund has a 25% allocation to real estate, three-quarters of which is invested directly in the Netherlands, and the balance is invested internationally through joint ventures, club deals and commingled funds.........Full Article (Subscription Required) : Source
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