Industriens Pension purchases new commercial building in Denmark

Industriens Pension is purchasing a new commercial building, Byporten, which marks the western entrance to the city of Aarhus, Denmark.

The building is being sold by the developer Dansk Erhvervsprojekt, which is in full swing with the construction; Industriens Pension is purchasing the first stage of the development.

The first stage of Byporten consists of three continuous office towers, which sit on the border between Aarhus and Tilst, around 6km from the city centre. The properties will be sustainability certified in the gold category according to the DGNB standard.

Industriens Pension property manager, Søren Tang Kristensen, said: “With Byporten, we get a modern multi-user office property with a very visible location on one of the major access roads to Aarhus. Byporten will contribute positively to the development of the area, and we also expect a good and stable return on investment.”

The fund said that there has been good interest from potential tenants and already tenants have been found for the majority of the property.

Since 2019, Industriens Pension has invested more than DKK 2 bn in Aarhus, and it plans to continue to expand its presence in the city.

    Share Story:

Recent Stories


Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?

In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.