PGGM and Lendlease partner on Apac life-sci tech real estate deal
The Dutch pension fund has entered its first investment in the Asia Pacific that purely focuses on the innovation and life sciences sectors.
Dutch pension fund PGGM, which manages around $288 billion for its members, has entered into an agreement with Australia-listed real estate group Lendlease to create the Lendlease Innovation Limited Partnership, according to a press release on June 20.
“We believe that the increased focus on health, combined with substantial investments in technology, will give a boost to the innovation and life science sectors in Asia Pacific,” Jikke de Wit, private real estate senior investment …
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