Fokus Nordic awarded property management contract

Following a competitive tender, Fokus Nordic has been awarded the property management of two real estate portfolios for Velliv Ejendomme, PensionDanmark Ejendomme and Lægernes Pension.

The agreement covers a wide range of property types including offices, logistics and residential buildings located across the country. The combined value of the portfolios is nearly DKK 7 billion.

“We are pleased to have won this contract,” states Michael Rønnelund, COO at Fokus Nordic. “It’s an exciting assignment, and we look forward to commencing the administrative work by January 1, 2025.”

Fokus Nordic secured the contract based on its experience and expertise in property management. The company’s long track record with both regulated and non-regulated real estate funds was crucial in the pension funds’ selection.

“This contract is a result of our continued efforts to grow our business,” comments Tonny Nielsen, CEO of Fokus Nordic.

Fokus Nordic thanks the involved pension funds for their trust and looks forward to optimizing the portfolios long-term.

The translation was written by an AI system, though the original text was authored by a human. Read the original article here