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Dutch insurer, a.s.r., is investing over €100m in the CBRE Pan European Core Fund, the next step in the diversification of its international real estate portfolio.
The CBRE Pan European Core Fund’s portfolio focuses on prime retail and office real estate as well as well-located logistics real estate, predominantly in the eurozone.
Over the past 125 years, a.s.r. has built up a sizeable non-listed portfolio in Dutch property.
In order to diversify its real estate portfolio, a.s.r. is adding non-listed European real estate. This portfolio is managed by the investment partners team at a.s.r. real estate.