The real estate arm of Amsterdam-based financial services group Delta Lloyd has announced the finalisation of the acquisition of a large portfolio of Dutch properties from Nedlloyd Pension Fund for an undisclosed sum. The portfolio comprises 15 office buildings, about 435 homes and various retail properties in the Netherlands, including the Brusselse Poort shopping centre in Maastricht.

The real estate arm of Amsterdam-based financial services group Delta Lloyd has announced the finalisation of the acquisition of a large portfolio of Dutch properties from Nedlloyd Pension Fund for an undisclosed sum. The portfolio comprises 15 office buildings, about 435 homes and various retail properties in the Netherlands, including the Brusselse Poort shopping centre in Maastricht.

For Nedlloyd Pension Fund, the sale is part of the trend whereby pension funds are moving from direct to indirect investment in real estate. Delta Lloyd Real Estate said acquiring the portfolio fitted into its growth strategy.