PensionDanmark primarily invests in business properties, which we lease to reliable tenants on long-term contracts. Our real estate investments are equally divided between existing properties and new development.
In the last years, PensionDanmark has invested in various headquarter buildings in Denmark for e.g. Nordfyns Bank in Odense, Chr. Hansen in Hørsholm, Semco Maritime in Esbjerg, Alpha Laval in Aalborg and for Nordea Bank Danmark, NCC, MT Højgaard and DFDS in central Copenhagen. All new development achieves high rankings within the sustainability certification system, DGNB.
In addition, PensionDanmark invests in residential properties. Currently, we are engaged in new development projects at Islands Brygge, Copenhagen counting 500-600 new residential units, at Fælledby in Ørestad counting 2,000 residential units and at Trælasten in Aarhus counting 1,000 residential units. Further at the harbour of Køge (Køge Kyst), PensionDanmark are in the process of developing approx. 450 new residential units.
PensionDanmark has invested a total of 28.5 bn DKK in domestic real estate. We plan to invest 3 bn DKK annually in Danish real estate, in order to reach our goal of making real estate constitute 10 pct. of our total assets.
Our primary focus is domestic real estate investments. However on an opportunistic basis, we invest in non-domestic real estate funds. Non-domestic real estate investments are done through real estate funds. Currently, PensionDanmark has invested approx. 1.2 bn DKK in non-domestic real estate.
Read more about about this type of investments at Private Funds.