PFA Pension, Copenhagen, made a €200 million ($226 million) allocation to a European logistics strategy managed by BMO Real Estate Partners, a spokesman confirmed.
The bespoke mandate is focused on value-added and core-plus logistics assets across Europe with a focus on France, Spain and Italy.
The strategy sources, acquires and manages logistics investments located near city centers, ports and airports as well as focuses on warehouses with single or multitenant occupancy.
PFA Pension had 620 billion Danish kroner ($94.3 billion) in assets as of Sept. 30.
