Exposure:
Denmark
Fund type:
Open-ended
Risk profile:
Core+ to value-added
Target size:
€1,000m
Return target:
>10% per annum
This is designed to invest in commercial properties in Denmark, with a focus on office properties in the Greater Copenhagen Area.
As as March 2009 the equity amounts to approximately DKr 2.0 billion (EUR 273 million). The value of the portfolio is DKr 5.4 billion (EUR 726 million), with a target gearing of 60-65% in the long term.
The number of investors totals 43 limited partners. The fund is structured as a partnership in which each shareholder is liable only for the capital contributed. Aberdeen Property Investors Denmark A/S manages the fund.
Tonny Nielsen, Managing Director and Fund Manager, +45 (0)33 444000
Dominic Delaforce, Head of UK Pension Funds, +44 20 7463 6330
Zohra Nazar, Head of Consultant Relations, +44 20 7463 6405
E-mail: firstname.lastname@aberdeenpropertyinvestors.com
or visit the local web site www.aberdeenpropertyinvestors.dk