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German Pension VBL Shifts €7 Billion Housing Portfolio Into Fund

German public-sector pension fund Versorgungsanstalt des Bundes und der Länder, or VBL, is transferring its residential property portfolio worth around €7 billion ($8.2 billion) into a new fund structure.

This article was originally published by Bloomberg Markets and is republished here under license.

German public-sector pension fund Versorgungsanstalt des Bundes und der Länder, or VBL, is transferring its residential property portfolio worth around €7 billion ($8.2 billion) into a new fund structure.

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