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28 May 2012

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Dutch APG spends E1.4bn, favours club deals

Giant Dutch investment manager APG, the privatised ABP pension fund, invested E1.4bn in real estate last year and is increasingly favouring club deals, says Global Real Estate MD Patrick Kanters. But this does not imply APG is moving into direct investment, he told the VGM newspaper. Of its E20.5bn invested in property, some 65% is allocated in listed firms

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