APG to increase property investments in Asia to seek growth

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NETHERLANDS - Algemene Pensioen Groep NV, which manages about €250bn ($321bn) for the Netherland's largest pension fund, said it plans to increase its real estate investment in Asia as it seeks to benefit from the region's economic growth.

APG is the asset manager for Stichting Pensioenfonds ABP, the world's third-largest pension fund, according to data from Towers Watson. The Netherlands-based pension fund manager, which has €4bn...

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