AP3 appoints Aberdeen to build European real estate equity fund portfolio

Aberdeen Property Investors Indirect Investment Management has been appointed to build a European real estate equity fund portfolio on behalf of AP3. The aim is, over a four-year period, to create a diversified portfolio that will generate favourable risk-adjusted returns. During this period AP3 expects to invest in excess of SEK 2 billion in around ten real estate funds.

“The award of this contract to Aberdeen is part of our long-term strategy to diversify the risk in our real estate portfolio by increasing the weight of international real estate holdings. The aim is for international real estate eventually to account for about half of AP3’s total property investments,” said Bengt Hellström, AP3 Head of Alternative Investments.

For more information please contact:
- Christina Kusoffsky Hillesöy, Communications Manager, phone: +46 8 555 17 123
christina.hillesoy@ap3.se
- Bengt Hellström, Head of Alternative Investments, phone: +46 8 555 17 145
bengt.hellstrom@ap3.se