KUALA LUMPUR (Reuters): Malaysia's state pension fund will invest half a billion euros ($660 million) in industrial property in Germany and office space in France, according to sources familiar with the deals, signaling growing appetite for high-yielding property assets as Europe's main economies show signs of recovery.
The Employees Provident Fund (EPF), the world's sixth-largest pension pool with about $160 billion in assets, has been expanding its foreign portfolio as it seeks to maintain high dividends for Malaysian savers in the face of limited opportunities in the small Southeast Asian nation.
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