23.09.2016 - Norway's shopping spree for North American real estate continues
The Norwegian Sovereign Wealth fund is pursuing a strategy to increase its portfolio weight of real estate assets to about 5% within the foreseeable future - planning to increase the weight by 1% per year until 2020, with a corresponding decrease in bond holdings. So far most of the real estate investments (outside of Europe) have been in North America, exploding in recent years and comprising billions of dollars annually. The latest in the surge was announced today in Washington DC.......................................Full Article: Source
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