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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