Norwegian Sovereign Wealth Fund Eyes Asia Real Estate Market

Norway’s $860 billion sovereign wealth fund is diversifying investments toward Asian real estate markets. The fund is expected to pick two cities in Asia, including perhaps one of Chinese cities, according to Chinese media sources.shanghai_property

The entry will be based on the same criteria it has used in Europe and the US, tapping cities with the best growth potential and where there are supply constraints.

Read more: Australian Financial Review

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