News in short December 16 – December 20 2019

<strong>PensionDanmark purchases an office building

Danish pension giant PensionDanmark, with some DKK 235.9 billion (EUR ?? billion) of assets under management, has grown its real estate portfolio with a new purchase. The pension company has acquired an office building, Company House IV, located in Vallensbæk’s Delta Park in Copenhagen from developer NCC Property Development. More on the DKK 240 million (EUR ?? million) deal can be read here.   OP will switch from wind to hydropower From the beginning of next year, OP will power all the properties in its real estate portfolio with hydropower. The Banking group announced yesterday that it was switching its