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Aberdeen Buys €90M TDC Property Portfolio
Aberdeen Property Fund Denmark has acquired a €90 million commercial property portfolio from Denmark’s TDC Pension Fund.
Aberdeen Property Fund Denmark has acquired a €90 millioncommercial property portfolio from Denmark’s TDC Pension Fund, Europe Real Estate reports. The pension scheme received €45 million in shares of the fund and the remaining amount in cash.
The pension scheme will hold about 13% of the Aberdeen fund, adds IPE. The portfolio comprises of 22 mainly office properties. Aberdeen fund has about €855 million in assets under management.
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