Pensioenstichting Transport (PST), the corporate pension fund for DHL Netherlands and other Dutch Deutsche Post subsidiaries, has appointed Almazara Real Assets Advisory as its advisor, with specific responsibility for portfolio management of its non-listed real estate investments.
Pensioenstichting Transport (PST), the corporate pension fund for DHL Netherlands and other Dutch Deutsche Post subsidiaries, has appointed Almazara Real Assets Advisory as its advisor, with specific responsibility for portfolio management of its non-listed real estate investments.
PST has total investment assets of close to EUR 800 mln, of which currently around EUR 100 mln is invested in real estate.
'PST has invested in real estate with a predominantly core profile because of its diversification potential and its direct income. It is our job to ensure that the portfolio performs in line with that risk profile,' commented Bas van den IJssel, a partner at Almazara.
