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Norway’s oil fund to start buying real estate soon

Posted on 03 November 2010

From Reuters: Norway’s $500-billion-plus sovereign wealth fund will start investing in real estate in the “near future” and will probably broaden its portfolio further with infrastructure assets, the central bank chief said on Tuesday.
Norges Bank runs Norway’s wealth fund on behalf of the government, which siphons away the bulk of the North Sea state’s taxes from oil and gas activities into the offshore fund……………………………………….Full Article: Source

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