LONDON—AXA Real Estate Investment Managers SGP has been appointed as investment manager for the Kronborg limited, a new $670 million (€485M) commercial real estate debt vehicle formed by five Danish pension funds.

Those funds are Sampension, TDC Pension, AP Pension, JØP and DIP.

The Kronborg Fund has been tailor-made to the investors' risk appetite and is founded on an ongoing close relationship between the parties.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.