- Lægernes Pension and AG Gruppen have expanded their existing partnership by establishing a joint property management company to oversee a portfolio of more than 900 homes across Greater Copenhagen.

The portfolio includes both completed and upcoming developments in Ballerup, Glostrup, Rødovre, Herlev and Amager. The new company will be responsible for strategic decisions around the operation, maintenance and development of the portfolio, while day-to-day property administration will continue to be handled externally. The partners said the structure would provide a more integrated approach to portfolio management and support long-term value creation for both investors and tenants. Lægernes Pension deputy investment director, Jan H. Willard, added: “With the establishment of a joint management company, we will have the opportunity to work even more long-term with the operation of the properties and value creation for the benefit of both tenants and the pension fund members.” Jannie With Hasselbalch has been appointed to lead the company.

- Denmark's AkademikerPension has partnered with CPH Village to develop up to 2,000 new student homes in Copenhagen by 2030.

The move forms part of a billion-kroner investment aimed at combining long-term returns with addressing the city’s shortage of affordable housing. The first project will be established at the Fishing Harbour in Nordhavn, with occupancy expected in spring 2028. The homes will be built using modular construction and low-emission solutions, with rents expected to remain below those of comparable private student accommodation. AkademikerPension has increased its property investments in recent years, with residential assets now making up a larger share of the portfolio. AkademikerPension CEO, Jens Munch Holst, said: “Affordable student housing is an urgent need in Copenhagen, and we are therefore really proud to be able to help make a real difference for thousands of students in the coming years.”

- PensionDanmark has acquired the Absalons Gaard property on Copenhagen’s Rådhuspladsen from Savills Investment Management.

The property, which sits at the entrance to the Strøget shopping district, covers more than 7,500 square metres across four floors and currently houses a mix of retail and office space. Originally built in 1901-1902 as Hotel Bristol, the property has since housed several other occupiers, including parts of the Copenhagen City Court. PensionDanmark said it intends to continuously upgrade the building as a long-term owner. PensionDanmark director of properties, Torben Modvig, noted: “It is a very special building with a unique location in the middle of Copenhagen and with many possible uses.” He added that the investment was expected to deliver a solid long-term return for members.

- Varma has completed its Keilaniemi Gate office development in Espoo, Finland, with the 56-metre building becoming one of Europe’s tallest office buildings to use wood as a principal structural material.

The development provides around 17,700 square metres of lettable space and was fully leased just over six months after the decision to begin construction. Tenants include Metsä Group and CSC Science Information Technology Centre, while Soupster will operate the building’s restaurant facilities. The building combines glulam timber columns, recycled-steel beams and wood-concrete intermediate floors, and solar panels installed on its sloping green roof. Varma said the material choices were designed to reduce the building’s carbon footprint, with the development also seeking BREEAM Excellent certification. Varma investment director responsible for real estate, Sampsa Ratia, commented: “Keilaniemi Gate has been a demanding and architecturally ambitious project, and we are pleased that the building was completed on schedule.”

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