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 million commercial 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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