Sampension makes first forays into direct CRE lending

Danish life insurance company Sampension has completed its first two direct commercial real estate debt deals totalling DKK 500m (€67m), as it embarks on a cost-cutting initiative aimed at minimising third-party fees, reports Real Estate Capital's sister publication, Private Debt Investor. The two transactions have been made in Europe on a co-investment basis, said Kasper Ullegård, Sampension's head of fixed income.