UK pension provider Smart Pension and Irish health insurance and retirement platform Yonder have partnered to help international employers comply with UK auto-enrolment laws.

As reported by our sister publication Pensions Age, the partnership aims to support companies and their UK-based employees to easily administer and enrol in a workplace pension. It uses both firms' digital capabilities to provide international employers with a way to set up and manage a workplace pension for their UK-based employees and comply with UK auto-enrolment law. Yonder’s dashboard for UK-based employees with international employers is its second workplace retirement offering available since launching earlier this year.

Nuveen Real Estate has secured a USD 450m commitment from MN Services, a fiduciary manager for Dutch pension funds, for the Nuveen Real Estate US Cities Multifamily strategy.

The committed capital is from MN’s two largest clients, Dutch pension funds PMT and PME, and will be deployed over multiple years. Nuveen noted that the strategy was positioned to make use of opportunities that have a resulted due to market conditions. The US Cities Multifamily strategy is a diversified housing strategy that aims to provide consistent income returns through cycles and enhanced long-term capital growth by accessing the largest rentership base within the US.

Finnish pension company Varma has begun developments on the former Arabia factory block in Helsinki.

The Arabia135 block will be built into a “meeting place for people, events, services and culture”, according to Varma. The Varma-owned building and its blocks will hold cafes, restaurants, shops, showrooms and events once the renovations are complete. "As an institutional investor, we have had the opportunity to think about the values on which we will develop the region,” said Varma asset manager of the property, Jenni Nivalainen. “One value is taking into account the history of the area and building in a way that preserves it.”

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