09.11.2015 - Norway's sovereign wealth fund could look to add $86 billion in real estate
The world's largest sovereign wealth fund says the optimal level of property investments might mean putting another $86 billion into real estate, singling out Asia as a hot spot for growth. Norway's $860 billion Government Pension Fund Global, Oslo, whose mandate is set by the government, was in 2010 allowed to invest 5% in the property market and is now studying whether it should add more to its portfolio. It has snapped up properties in New York, Paris, London and Berlin, among other cities, and is targeting Tokyo and Singapore...............................................Full Article: Source
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