Aberdeen Property Fund Denmark has made further inroads into the Danish market buying seven properties for €90m (£60m)
The fund, formerly named API Property Fund Demark, has bought five offices properties in the greater Copenhagen area and two logistics properties in Horsens.
The fund now has assets under management of around €400m (£266.8m).
Aberdeen raised an additional €110m (£73.3m) in December for the fund which invests in commercial properties in the greater Copenhagen area. The additional investment was made by nine investors, including international asset management company, Schroder Property Investment Management.
Schroder has also announced its first closing of its Schroder Real Estate Fund of Funds – Continental Europe Fund I at €120m (£80m). The fund which provides diversified exposure to European real estate using a multi manager approach received commitments from 14 investors including the West Yorkshire Pensino Fund and the Royal County of Berkshire Pension Fund. The fund is targeting commitments of €200m (£133.4m) and is capped at €250m (£166.7m).