Denmark’s largest pension fund, ATP, has allocated $90 million to the Invesco Core Real Estate-U.S. fund, managed by Invesco Real Estate, IPE reports. The commitment was made by ATP Real Estate, which manages ATP’s portfolio of investments in more than 30 non-listed real estate funds in Europe and the U.S.
The allocation is expected to be one of the last investments made for ATP Real Estate Partners I, a fund of funds structure established in 2006. ATP Real Estate received $995 million in equity in early 2011, to invest in non-listed real estate funds in Europe and the U.S.
Click here for the story from IPE.