21.08.2014 - Giant Norway Oil Fund Plans Bigger Push into Real Estate
Norway’s sovereign wealth fund is shaking up its leadership, doubling the number of top executives to 12 and hiring more staff as it prepares a significant boost to its investments in high-end office and retail properties in cities such as London, Paris, and New York. “Looking at our real-estate purchases in the recent three years, we’ve barely kept pace with the fund’s growth,” Norges Bank Investment Management Chief Executive Yngve Slyngstad told The Wall Street Journal in an interview Wednesday...............................................Full Article: Source
Print