Following a structured process, Fokus Nordic has won a major tender round for the management of two property portfolios for Velliv Properties, PensionDanmark Properties and Lægernes Pension.

The agreement that has been entered into covers a broad portfolio of a part of the pension companies' portfolio of properties, mainly offices, logistics and housing, distributed across the country with a total AuM of almost DKK 7 billion.

"It is not very often that pension funds change management of their properties, so we are incredibly proud to have won this tender in open competition," says Michael Rønnelund, COO at Fokus Nordic. "It is an exciting task we are facing, and the plan is to start the administrative work no later than 1 January 2025."

During the tender process, Fokus Nordic has presented a proven and recognized management setup with a long management history of both regulated and unregulated real estate funds, which has led the pension funds to choose Fokus Nordic.

Fokus Nordic continues to grow within an in-house full-service concept, where customers only need to go to one place with their management tasks.

Tonny Nielsen, CEO of Fokus Nordic, says: "This is another win for us, and a big thank you goes out to all parties involved with the support and continuation of our growth strategy."

Fokus Nordic thanks several of Denmark's largest pension companies for the great trust shown – and will with great humility approach the task of driving the development of the properties and optimizing the long-term risk-adjusted return.