Real Estate
ABP and PFZW posted overall results of 8.2% and 8.5%, respectively, for the quarter. : Most of the five largest Dutch pension funds generated above-average returns on property during the first three months of this year. In its first quarterly report, the €431bn civil service scheme ABP said its 10.3% real estate portfolio returned no less than 10.4%. Its profit over last year was 3.3%. It added that its 2.9% infrastructure holdings had delivered 2.9% since year-end compared with 12.4% for the entire 2018.

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