Norway’s Wealth Fund Invests In California Logistics Assets | National Real Estate Investor

by nreionline.com posted 1year ago 177 views
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.