Norway’s SWF adds $340m of property to portfolio


The Norwegian Government Pension Fund Global, Norway's international sovereign wealth fund, today (July 5) agreed to purchase 50% stakes in five properties in Paris, France, for a total of €275 million ($340 million).

The purchases are part of an effort by the fund to diversify its portfolio, following a mandate from the Norwegian government to increase the share of assets devoted to real estate to 5%. A spokeswoman for the Norges Bank, which manages the fund through its investment arm, said

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: