- Sweden’s third national pension fund (AP3) has achieved a net return of 8.2 per cent over the past five years.

The return exceeds the pension fund’s international benchmark by 1.8 percentage points. Compared to the European pension funds that participated in the CEM study, AP3 has delivered an 8.5 percent return over the last 15 years. For 2024, AP3’s costs were 48 percent lower than the average for its peer group; over the past five years, AP3’s costs have been 39 per cent lower than those of its peer group.

- Social partners in the Dutch agricultural and green sectors have made several adjustments to BPL Pensioen’s transition plan.

In the updated plan, the pension fund will need to transition to the new pension system with a funding ratio between 115 per cent and 150 per cent, up from between 95 per cent and 140 per cent. The second amendment was to spread any distributed surplus to members over a 10-year calculation period, with members to receive their share in a single lump sum upon transition. Thirdly, the compensation scale has been adjusted to be more generous and, finally, the priority rules around what is done first if there are not enough funds during the transfer to meet all targets were adjusted.

- Dutch pension fund PFZW will invest €60m in healthcare technology between now and 2030.

It said this investment would help early-stage Dutch companies to develop new technology for the health and welfare sector. PFZW and PGGM have partnered with Invest-NL to make more funds available, and ensure invested companies comply with regulations. PFZW said the investment would enable young companies to grow and generate returns for its members.

- Swedish pension company KPA Pension has acquired more rental properties in Gothenburg from Skanska.

The new construction project is located in Mölndal, with 128 apartments and approximately 7,700 square metres of total lettable area. The underlying property value amounts to SEK 381 million. The project is being developed by Skanska and is planned to be completed with preliminary occupancy in the spring of 2029. The investment is part of the Folksam Group's long-term strategy to strengthen the property portfolio with sustainable assets in attractive growth locations and contribute to stable returns over time.

- Denmark’s AKF and PensionDanmark have announced plans to develop and build a new hotel in Copenhagen's Nordhavn.

The project is based on Bühlmann Hotels' concept of a hotel community house. The hotel comprises approximately 15,450 square meters divided into a multi-storey building and a lower building with hotel apartments for longer stays. Together, the two buildings will accommodate at least 360 units. The four-star hotel is expected to open at the end of 2029.

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