29.04.2016 - Norway's wealth fund cautious on property deals
Norway's sovereign wealth fund sees signs of declining prices in prime real estate markets around the world but not yet enough to trigger a buying spree, the fund's head of real estate investments told Reuters. The fund is seeking to step up its investments to 5 percent of the fund's total value over time, from 3.1 percent currently. Since 2010 it has invested in Regent Street in London, Times Square in New York and the Champs-Elysees in Paris...............................................Full Article: Source
Print