News in brief: 21 August

- The construction of a Danish data centre, backed by PensionDanmark as the lead investor, has begun in Esbjerg.

Dansk Data Center 1 (DDC1) is one of the first data centres to be wholly owned and operated by Danish companies, with backing from Copenhagen Infrastructure Partners (CIP), Thylander, Plexar, and PensionDanmark. It is owned by PensionDanmark, the Thylander Group, and CIP. DDC1 aims to “set a new standard” for energy integration and showcase how data centres can be developed in close collaboration with the local energy system. The companies argued that this approach could provide benefits for the community, climate, and local energy supply.

- A residential care complex has opened in the Netherlands following investment from Pensioenfonds Zorg & Welzijn (PFZW).

De Trappenberg has been developed by Amvest, of which PFZW is the sole shareholder, and Waterland Real Estate. The homes at De Trappenberg are part of the Amvest Living & Care Fund, in which PFZW, together with other Dutch pension funds, invests in care homes and other forms of housing for the elderly. PFZW said the investment would not only generate a return, but also contribute to societal challenges surrounding housing and care.

- Denmark’s AP Pension has entered into an agreement with Raundahl & Moesby for the construction of a new campus building in Kalundborg.

The construction will bring together six educational institutions under one roof, aiming to create a modern framework for education, research, innovation and collaboration with the business community. The project has been designed by CEBRA, while NIRAS is responsible for the engineering services and Rambøll acting as client consultant. The project is supported by Novo Nordisk A/S and the Novo Nordisk Foundation, and has been developed in collaboration with the Campus Kalundborg Association.



Share Story:

Recent Stories


Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda

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.

Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Advertisement