Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Trends

Oil Fund set for global expansion

Posted on 07 July 2011

The Norwegian Government Pension Fund Global (Oil Fund) is continuing its property-shopping spree and has its eye set even further afield in the medium term.
Yesterday saw the fund acquire a 50% stake in seven major properties in Paris. “The investment is in line with our strategy to initially invest in the biggest European property markets before expanding into other regions,” said Karsten Kallevig, Director of Norges Bank. “It also reflects our preference to form partnerships with investors that both own and operate properties.”………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031