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Norway’s Wealth Fund Invests In California Logistics Assets | National Real Estate Investor
Norges Bank Investment Management bought a 45-percent stake in three properties in Orange County, calif. for $55.6 million. : (Bloomberg)—Norway’s sovereign wealth fund, the world’s largest, added to holdings of logistics buildings in the U.S. and Europe, betting against any escalation of the ongoing trade war. Norges Bank Investment Management acquired three buildings in the U.S. and four in Europe in partnership with Prologis Inc., it said in a statement on Thursday. Full investment news article
Relevent to this post: Prologis
Norges Bank Investment Management,
10 Must Reads Items For Cre Investors On April 25, 2019 | National Real Estate Investor
Presidential candidates are paying more attention to renters as a constituency, reports The New York Times. Industrial property manager GLP plans to go public, according to the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry. Full investment news article