| From Globest.com: Norway’s massive pension fund is likely to target further property investments in UK or France as the next destination for its $27 billion allocation after its first real estate purchase of a 25% parcel in London’s Regent Street for $730 million.
Øystein Sjølie, a spokesman for Norges Bank Investment Management, the division of the Norwegian central bank that runs the $646 billion Norwegian Government Pension Fund, says the mandate from the Finance Ministry is to target western Europe, “so apart from London it’s France, probably the Paris region which is a natural target… The next purchase will probably be in the United Kingdom or France.”.............................................Full Article: Source
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