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Real Estate

World's Biggest Wealth Fund Eyes Long Game In Japanese Property

by posted 1year ago 185 views
The property-investment arm of Norway’s $1 trillion sovereign wealth fund is keen to buy more real estate in Japan after making its first investment in the country last year. Norges Bank Real Estate Management has the capacity to complete “a couple of” $912 million deals in Japan each year “if the right opportunities come along,” Chief Executive Officer Karsten Kallevig said in an interview.