View over a construction site and the top of the St. Paul's Church in Frankfurt Main, Germany. Photo: EPA
Danish pension fund PFA bets big on property on expectations of prolonged low rate climate
The fund’s property investments posted a 1.5pc return in the first quarter, against equities’ 2.5pc drop and 0.4pc loss for bond holdings
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View over a construction site and the top of the St. Paul's Church in Frankfurt Main, Germany. Photo: EPA