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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Norway fund’s 3pct in German alstria confirms faster real estate build

Posted on 07 May 2013

Norwegian central bank Norges Bank, which manages the giant Government Pension Fund Global, has declared an equity stake of over 3% in German REIT alstria. The move supports calculations in Monday’s Financial Times that the world’s largest sovereign wealth fund has accelerated property acquisitions 10-fold.
Norges Bank Investment Management, which manages the Norwegian oil fund, declared last week that it broke upward through the 3% equity threshold in alstria, the Hamburg-based firm’s spokesman said………………………………………..Full Article: Source


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