- Denmark’s Sampension, Brøndby Municipality and AKF have joined forces to establish Fremtidens Brøndby Strand P/S, a land development company.

The company aims to gradually transform Brøndby Strand into a neighbourhood with new homes, more meeting places, better connections, modern welfare services and a stronger connection between the city, the beach and nature. In total, the area is expected to gain around 2,600 new homes, 60 per cent of which will be owner-occupied. Additionally, there will be an improvement in the town centre, a new school and new daycare facilities, more retail outlets and a more coherent infrastructure by 2040. There has been a total investment of approximately DKK 12bn in housing, retail and urban spaces. In comparison, DKK 0.6bn of public investment was invested in welfare, including a new school and daycare facilities. Sampension together with AKF, will be responsible for the development of a significant part of the first buildings in the district's city centre, including new housing, retail and a mobility centre. The local plan for the first phase is expected to be sent for consultation before the summer holidays in 2026, and by the end of 2028, the first residents are expected to be able to move into their new homes.

- Finland's Seafarers' Pension Fund has sold its entire residential portfolio of 463 apartments to Asuntosalkku 4 Ky, an investment vehicle the fund established with Premico.

The transaction includes 463 apartments across eight residential properties located in Helsinki, Turku and Mariehamn. This transaction aims to develop and enhance the value of the portfolio. Premico will be responsible for operational management and act as a strategic partner for the sites. Meanwhile, the Seafarers' Pension Fund will move to indirect real estate investing and release capital for investments in accordance with their revised investment policy.

- The Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has awarded three management mandates of approximately €1bn overall for the Sustainable and Responsible Investment (SRI) World Convertible Bonds portfolio.

ERAFP announced a call for tenders in November 2024 to award mandates to management companies to carry out active non-benchmarked management of a portfolio of convertible bonds. Following the selection process, the bank decided to award two active mandates to Lombard Odier Funds and BNP Paribas Asset Management, and one stand-by mandate to M&G. The initial term of the contract is four years, with the possibility for ERAFP to renew the contract for two successive one-year periods. The main objective of the fund managers will be to outperform the benchmark index over the management period. The portfolio will be constructed by the fund manager primarily based on technical and fundamental analysis of each issuer and each eligible financial instrument to optimise performance over the market cycle. This strategy will be implemented in accordance with ERAFP's SRI provisions and in support of the institution's climate commitments, particularly those made within the framework of the Net Zero Asset Owner Alliance (NZAOA). One of the three mandates awarded is a “standby” mandate, which means that ERAFP reserves the right to activate it, particularly for risk diversification.

- The Swedish Fund Selection Agency (FTN) has extended the tender deadline for technology funds due to an update in e-Avrop in the documentation.

The updated deadline for submitting tenders is 23 December 2025. FTN said that it was made aware that previously it was not possible to select ‘no’ for question 1.23 a in the tender documentation in e-Avrop; this has now been corrected.

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