German industry pension fund selects a.s.r. real assets investment partners as partner for the real estate portfolio

A German industry pension fund has entered into a strategic partnership with a.s.r. real assets investment partners. As part of this partnership, the focus will be on optimising, expanding and managing a globally diversified real estate portfolio, which is expected to reach a size of at least €800 million over time.

The team at a.s.r. real assets investment partners, consisting of more than 25 specialists, will work in partnership on optimising the current portfolio and building a well-diversified global real estate portfolio for the German fund. Their responsibilities include strategy development and execution, manager selection and portfolio monitoring. Special attention will also be given to the development and consistent implementation of ESG policies and active engagement with the external managers.

Luc Joosten, managing director at a.s.r. real assets investment partners: “We are proud to welcome a new German client, which aligns with our ambition to further expand our international client base. Designing, implementing, and ultimately managing a global strategy with investments in Europe, North America, and Asia-Pacific fits perfectly with our capabilities. The size and deep expertise of our team, our international network, and the fact that we also invest on behalf of a.s.r. itself were key reasons for this client to choose us.”