27.08.2012 - Dutch pension funds boost real estate holdings
The Netherlands' largest pension fund ABP had a real estate investment portfolio totalling EUR 28.8 bn worldwide at end-2011, a rise of 12% compared to the previous year. ABP's real estate portfolio is managed by asset manager APG. However, in Europe the figure slipped 4% to EUR 19.2 bn. Other major Dutch pension funds also boosted their property holdings in 2011. The pension fund for the building sector BPF posted a 6% increase while the pension funds for the metal workers industry PME and PMT booked rises of 15% and 4% respectively...............................................Full Article: Source
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