News in brief: 8 May

- France’s largest basic pension fund, l’Assurance Retraite, has launched a call for investment projects with a focus on modernising the country’s independent living facilities for people on lower incomes.

As the ‘baby boom’ generation reaches old age, Assurance Retraite said it aims to meet growing accommodation needs by financing the renovation, modernisation and construction of independent living facilities for people on low incomes. With a budget of €15m (£13m), the project focuses on residences in neighbourhoods designated as priority urban areas.


- Dutch construction industry pension scheme BpfBOUW has marked its 75th anniversary by presenting a gift to SOMA College in Harderwijk: a simulator to allow students to learn how to use machinery and vehicles in a safe and realistic way.

BpfBOUW said: “With this donation, we emphasise what BpfBOUW has stood for for 75 years: building together. Together with our participants and employers, we secure funds for the future. In this way, we are building a sustainable future together.”


- Industriens Pensions in Denmark is celebrating the progress of its urban housing project in the centre of Roskilde as part of Klosterhaverne, a development project which includes 101 new homes, a café and commercial leases.

Industriens Pensions is the developer and investor in the project and is working in collaboration with Kuben Management and Boligselskabet Sjaelland. “Klosterhaverne is now seriously taking shape as a new part of central Roskilde,” the firm said. “We are pleased to be able to contribute to the city’s development, while also obtaining a property that can create a long-term return for the benefit of our members,” added Industriens Pensions property manager, Søren Tang Kristensen.



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