Country

Denmark

Overall AUM

€46,000m

RE AUM

€4,342m

Annual performance

4.60%

Judge's report

PensionDanmark showcases a highly strategic and forward-thinking approach, emphasising diversification, sustainability and public-private partnerships (PPPs). Its focus on renewable energy, urban development and biodiversity, combined with a robust internal team for real estate and infrastructure, positions it as a leader in the Nordic region.

In recent years the focus has moved towards developing urban areas, combining its focus on residential real estate for different income groups with high architectural standards and focus on biodiversity and climate solutions.

The commitment to sustainable development shows in the “Programme for Sustainability” and biodiversity strategy. Projects are developed with consideration for local ecosystems and communities in collaboration with local stakeholders. Through PPPs, the pension fund strives to create sustainable solutions that benefit society at large, reflecting our dedication to responsible investing and community development.

STRATEGIC TAKEAWAYS

➤ Actively monitors market trends and dynamics, adjusting investment strategy accordingly to capitalise on emerging opportunities and mitigate risks

➤ Broad composition of portfolio mitigates concentration risk of being primarily invested in Denmark

➤ Stipulates a wide set of requirements in concepts for housing and commercial building regarding issues such as sustainability and certification, evaluation of counterparty risk, collective agreements, apprentices, construction site safety and monitors adherence to the requirements

HIGHLY COMMENDED

Judged by

Sergio Carfizzi
John Davidson
Peter Hobbs
Bas van den IJssel

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