| Norway's state-run investment fund is becoming one of the world's biggest landlords at a time when other big commercial property owners are sounding alarms about high prices. The $874 billion Government Pension Fund of Norway, the world's largest sovereign-wealth fund, last year purchased $7.6 billion worth of property globally, more than any other sovereign fund, according to data from real-estate tracker Real Capital Analytics.
The push is part of a broader strategy to improve returns by taking on more risk. The fund, which has generated an annual return of 3.7% since 1998, aims over time to boost its real-estate holdings to 5% from the current 1.3%...............................................Full Article: Source
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