Cordares, the Amsterdam-based pensions provider, has said it is considering setting up direct real estate pooled funds with pension funds to initially target the Danish, German and Belgian markets, the website of Investment and Pensions Europe (IPE) reported. Cordares real estate director Geert de Nekker told IPE the move would be a way to diversify risks.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
