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.
By Laura Malsch · Bloomberg Markets
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.