13.01.2016 - Is Property Too Expensive, This Sovereign Wealth Fund Says Yes
Norway's sovereign wealth fund plans to invest more in real estate. But right now, it thinks prices are too high. Is a source of growth capital about to dry up for REITs? The Wall Street Journal noted that Norway's sovereign wealth fund is worried about property prices. That's the same concern that many real estate investment trust, or REIT, CEOs have been voicing for a while now. Worse, Norway is planning to pull back on its property investment plans, which, if other big investors follow suit, could be a problem for REITs that have been working with them...............................................Full Article: Source
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